mydaseeh
A crypto enthusiast eager to learn and earn through posting on Binance Square. Passionate about improving my portfolio and connecting with the crypto community.
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Solana fundamentals ($SOL )
š Solana Basics:āThe High-Speed Blockchain, Explained
If you've been following the crypto markets at all this year, you've likely heard of Solana ā which has quickly become one ofāthe most popular Layer 1 blockchains out there. SolanaWith its speed-of-light transactions, ultra-low fees, and developer-friendly nature, Solana is storming the world of dApps, NFTs, DeFi,āand beyond.
In this article we dissectāthe core principles that make Solana ($SOL ) stand out ā and why you should care.
š§ 1. What Is Solana?
Solana is a fast andāperformant blockchain designed for ultra-high-performance dApps. It aims toāsolve the trilemma of blockchain with the below features: PVU launched in 2020 and provides:
Speed ā”ļø: Process 65,000+ transactions perāsecond (TPS)
šø Cost-efficiency: The average cost per transaction isā< $0.01
Decentralization š§©: Networkāis made of thousands of validators
At the center of Solanaās new technology is its novel Proof of History (PoH) consensus, that timestamps transactionsāto strengthen efficiency and order.
š 2. Solana Ecosystem
Innovationāin booming in the Solana ecosystem:
DeFiāProjects: Jupiter, Drift Protocol and MarginFi
NFT Marketplaces:āTengible, Magic Eden
Gaming & Metaverse:āStar Atlas, AuroryāFor both Gaming and metaverse there are two important use-cases in our view.
Payment Solutions: Solana Pay
With Solanaās fast finalityātoo, where transactions confirm in less than a second, real time applications are a natural fit.
š 3. $SOL Token Use Cases
The Solana network isāpowered by its native token $SOL though:
Transaction Fees
Staking & Delegation
Governance (upcoming)
Use cases in dAppsā(DeFi, NFTs, etc.)
If you've been following the crypto markets at all this year, you've likely heard of Solana ā which has quickly become one ofāthe most popular Layer 1 blockchains out there. SolanaWith its speed-of-light transactions, ultra-low fees, and developer-friendly nature, Solana is storming the world of dApps, NFTs, DeFi,āand beyond.
In this article we dissectāthe core principles that make Solana ($SOL ) stand out ā and why you should care.
š§ 1. What Is Solana?
Solana is a fast andāperformant blockchain designed for ultra-high-performance dApps. It aims toāsolve the trilemma of blockchain with the below features: PVU launched in 2020 and provides:
Speed ā”ļø: Process 65,000+ transactions perāsecond (TPS)
šø Cost-efficiency: The average cost per transaction isā< $0.01
Decentralization š§©: Networkāis made of thousands of validators
At the center of Solanaās new technology is its novel Proof of History (PoH) consensus, that timestamps transactionsāto strengthen efficiency and order.
š 2. Solana Ecosystem
Innovationāin booming in the Solana ecosystem:
DeFiāProjects: Jupiter, Drift Protocol and MarginFi
NFT Marketplaces:āTengible, Magic Eden
Gaming & Metaverse:āStar Atlas, AuroryāFor both Gaming and metaverse there are two important use-cases in our view.
Payment Solutions: Solana Pay
With Solanaās fast finalityātoo, where transactions confirm in less than a second, real time applications are a natural fit.
š 3. $SOL Token Use Cases
The Solana network isāpowered by its native token $SOL though:
Transaction Fees
Staking & Delegation
Governance (upcoming)
Use cases in dAppsā(DeFi, NFTs, etc.)
Etherium fundamentals
š What Is Ethereum?
Ethereum is an open-source, blockchain platform that was created in 2015 by Vitalik Buterināand a group of other developers. Bitcoin is notādesigned as a smart contract platform, but Ethereum was created to be Turing-complete authoring standard smart contracts. It has had some logical quirks and gone through multiple refactorings, but it is maturing at last, and offers developers the ability to build contract applications that self-execute, never suffer downtime, and canātābe tampered with by third parties.
Its proprietary cryptocurrency, Etherā(ETH), has a variety of use-cases:
Gas ā fee for runningāa transaction
Staking in Ethereum 2.0
as a timeshare and medium of exchange inside theāsystem
š Key Components of Ethereum
Smart Contracts
Smart contracts formāthe basis of Ethereum. These self-operating programs underpin trustless agreements and power DeFiāprotocols and NFTs.
#Ethereum #ETH #CryptoEducation #BinanceSquare#Blockchain #Web3 #SmartContracts #DeFi #Layer2 #Binance #Ethereum2 #Staking #EVM #ETHStaking #EthereumEcosystem
Ethereum is an open-source, blockchain platform that was created in 2015 by Vitalik Buterināand a group of other developers. Bitcoin is notādesigned as a smart contract platform, but Ethereum was created to be Turing-complete authoring standard smart contracts. It has had some logical quirks and gone through multiple refactorings, but it is maturing at last, and offers developers the ability to build contract applications that self-execute, never suffer downtime, and canātābe tampered with by third parties.
Its proprietary cryptocurrency, Etherā(ETH), has a variety of use-cases:
Gas ā fee for runningāa transaction
Staking in Ethereum 2.0
as a timeshare and medium of exchange inside theāsystem
š Key Components of Ethereum
Smart Contracts
Smart contracts formāthe basis of Ethereum. These self-operating programs underpin trustless agreements and power DeFiāprotocols and NFTs.
#Ethereum #ETH #CryptoEducation #BinanceSquare#Blockchain #Web3 #SmartContracts #DeFi #Layer2 #Binance #Ethereum2 #Staking #EVM #ETHStaking #EthereumEcosystem
$LUNC
The largest contributor to the $LUNC burning is Binance, which periodically burns $LUNC trading fees from spot and margin trading pairs. As of mid-2025, Binance has burned over 50 billion LUNC.
You already know best time to HODL.
The largest contributor to the $LUNC burning is Binance, which periodically burns $LUNC trading fees from spot and margin trading pairs. As of mid-2025, Binance has burned over 50 billion LUNC.
You already know best time to HODL.
I know thereās a lot of hype around new coins and trends, but whenever I take a step back and look at Bitcoin, I still see unmatched fundamentals.
šø Fixed Supply: Only 21 million BTC will ever exist. Thatās not a marketing gimmick ā itās built into the code. No surprise itās often called ādigital gold.ā
šø Truly Decentralized: No company or central authority controls Bitcoin. It runs on a global network of nodes, and thatās a big deal in a world where central banks print money at will.
šø Security You Can Trust: With over a decade of uptime and SHA-256 encryption, BTC is one of the most secure networks ever built.
šø Real Adoption: Whether it's Tesla putting it on their balance sheet, or everyday investors using it as a hedge ā BTC is no longer just a ānerdās experiment.ā
šø Halving Events: Every four years, the new supply of BTC gets cut in half. Thatās supply shock economics in action ā and historically, itās had a major impact on price.
Bitcoin isnāt perfect, but no other crypto has the same combination of scarcity, security, and trust. Thatās why I still hold BTC as a core part of my portfolio.
What about you? Still stacking sats?
#Bitcoin #BTC #Crypto #LongTermView #BinanceSquare
šø Fixed Supply: Only 21 million BTC will ever exist. Thatās not a marketing gimmick ā itās built into the code. No surprise itās often called ādigital gold.ā
šø Truly Decentralized: No company or central authority controls Bitcoin. It runs on a global network of nodes, and thatās a big deal in a world where central banks print money at will.
šø Security You Can Trust: With over a decade of uptime and SHA-256 encryption, BTC is one of the most secure networks ever built.
šø Real Adoption: Whether it's Tesla putting it on their balance sheet, or everyday investors using it as a hedge ā BTC is no longer just a ānerdās experiment.ā
šø Halving Events: Every four years, the new supply of BTC gets cut in half. Thatās supply shock economics in action ā and historically, itās had a major impact on price.
Bitcoin isnāt perfect, but no other crypto has the same combination of scarcity, security, and trust. Thatās why I still hold BTC as a core part of my portfolio.
What about you? Still stacking sats?
#Bitcoin #BTC #Crypto #LongTermView #BinanceSquare
OMG ! What a graph. Still going down. Not to sell here. But in my opinion after 0.4$ you should buy
$WCT
$WCT
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