SOLANA (SOL) - The new “Dominant” force in the blockchain world?
1. Overview:
Solana is a high-performance blockchain, renowned for its extremely fast transaction speed (65,000 TPS) and very low transaction fees (only ~0.00025 USD/transaction). Dubbed the “Challenger to Ethereum.”
2. Outstanding strengths:
Speed and cost: Solana is many times faster than Ethereum, making it very suitable for DeFi, NFT, GameFi.
Expanding ecosystem: Solana has hundreds of NFT, DeFi, Layer 2 projects... and continuously attracts new projects.
Advanced technology: Using the proprietary Proof of History (PoH) algorithm, it creates a distinct competitive advantage.
3. Growth potential:
Major collaborations: Solana is collaborating with Visa, Shopify, and many financial organizations to apply blockchain in real-world scenarios.
Solana ETF: Major investment organizations are proposing to open Solana ETF funds, similar to Bitcoin and Ethereum.
DePIN, AI, GameFi movement: Solana is being chosen as the main blockchain for many new projects in these major trends.
4. Risks to watch out for:
Network outages: In 2021-2022, Solana experienced multiple outages due to technical errors. (However, there has been significant improvement in 2024-2025.)
Intense competition: Blockchains like Sui, Aptos, Sei... are on the rise.
5. Conclusion:
Solana is facing a strong explosive opportunity in the 2025-2026 cycle, especially if it continues to maintain its position as the number 1 high-speed blockchain.
SOL has the potential to return to its previous peak of $260, even exceeding it if the DeFi, AI, NFT trends continue to develop on the Solana platform.
