Commentary on Solana Surge:
Solana Surge refers to the recent and impressive growth of the Solana (SOL) blockchain, marked by increased adoption, strong technical performance, and a rapidly expanding ecosystem. Several factors explain this success:
1. Scalability and low cost: Solana offers fast transactions (up to 65,000 TPS) and minimal fees, attracting developers and users in the face of congestion and high costs on Ethereum.
2. Adoption by dApps and DeFi: The Solana ecosystem is witnessing the growth of major projects in DeFi (such as Raydium, Jupiter), in NFT (Magic Eden), and in gaming, enhancing its utility.
3. Institutional support: Partnerships (such as with Visa for stable payments) and interest from VCs boost its credibility.
4. Resilience post-FTX: Despite past ties with FTX, Solana has weathered the crisis, showing a strong community and a clear roadmap.
Risks to watch:
- Relative centralization (limited number of validators).
- Increased competition (Ethereum L2, Cosmos, etc.).
- Dependence on hardware performance for scalability.
