1. Advantages of Solana that Have the Potential to Support Growth**
- **Speed & Low Transaction Costs**: Solana is capable of handling **50,000+ TPS** with very low gas fees (~$0.001 per transaction), making it attractive for DeFi, NFT, and GameFi applications.
- **Growing Ecosystem**: Solana has many DeFi projects (such as Raydium, Jupiter), NFT (Mad Lads, Tensor), and dApps that are continuously increasing.
- **Institutional Support & Partners**: Solana has support from large companies like Visa (for stablecoin payments) and Google Cloud (node infrastructure).
- **Post-FTX Recovery**: Despite being down due to its ties with FTX, Solana has shown resilience with price increases and network activity.
