Why is Solana cool?
• Very fast. Processes thousands of transactions per second — many times faster than many other blockchains.
• Cheap. Commissions for transactions are literally pennies.
• Convenient for developers. Games, applications, NFTs — everything that is currently on the hype — are made on Solana.
Where is it used?
• NFT projects — because it is fast and economical.
• DeFi — various services for loans, earning and exchanging crypto.
• Games — when fast and inexpensive transactions are needed.
But there are nuances:
• Sometimes the network is overloaded, and this is a problem.
• There are enough competitors, for example, Ethereum or Polygon.
If you compare, Solana is like a high-speed and inexpensive train in the world of blockchains. It is convenient, but there are still risks, because the technology is still young.