$SOL
Recently, has anyone noticed that the transaction fees on the SOL network are nearly zero while other networks have sky-high fees, hahaha
1. Processing speed
• Solana achieves up to 65,000 TPS (transactions per second) in tests.
• The average transaction fee is only about 0.00025 USD/transaction (according to Solana Foundation 2024).
2. Expanding ecosystem
• The number of DeFi and NFT projects on Solana currently exceeds 2,000 projects (according to Solana Compass March 2025).
• Major platforms: Jupiter (DEX aggregator, with a trading volume of over 8 billion USD/month), Tensor (top 1 Solana NFT marketplace).
3. Firedancer - a technological breakthrough
• Firedancer beta version launched in November 2024.
• According to Jump Crypto, Firedancer helps reduce network latency to under 400ms and aims to push TPS to >1 million transactions/second in the future.
4. Real-world applications
• Helium: A global 5G network, has migrated all data to Solana since April 2023.
• Render Network: A distributed graphic rendering project valued at over 2 billion USD, migrated to Solana by the end of 2023.
5. Memecoin trend
• BONK: Has increased over 500% from early 2024 to mid-2025.
• WIF (dogwifhat): Listed on Binance in March 2025, currently with a market cap over 2 billion USD.
6. SOL price
• From early 2024 to April 2025, SOL increased by more than +400%, surpassing many other altcoins (according to CoinGecko on April 25, 2025).