SOLANA – The King of Speed But Is Currently Hibernating?

Lightning-Fast Transaction Speed

Solana can handle up to 65,000 transactions per second, over a thousand times faster than Ethereum, which is sluggish at 15–30 TPS. All thanks to the combo of Proof-of-History + Proof-of-Stake, optimizing the network to the max, with no congestion, no delay.

Cheap as Chips

Transactions on Solana only cost about 0.00025 USD — while Ethereum sometimes makes you dig deep into your pockets for tens of dollars just to confirm a transaction. With this cost, doing DeFi, playing NFTs, or running DApps on Solana is just "carefree."

Famous Scalability

Thanks to the implementation of sharding techniques and Proof-of-History clocks, Solana can scale up to millions of transactions without bottlenecks, with no worries about network lag like with BTC or ETH.

An Increasingly Rich Ecosystem

Projects like Serum, Mango Markets, Raydium, Audius... have been increasingly flocking to Solana, causing the ecosystem to expand significantly, nearing parity with Ethereum.

But... looking back at $SOL this year feels a bit sad, doesn't it? Just lying there gasping for oxygen. Is there still a chance to "swim against the current"?