Part3: $SOL
What is Solana?
Solana (SOL) is a high-performance blockchain with the ability to process thousands of transactions per second and extremely low fees. Designed to support DeFi and DApps, SOL is an attractive choice for investors.
What is the potential of the Solana project? Should you invest in SOL?
This is the opportunity for Solana to shine. With a new, efficient and fast architecture, Solana is gradually asserting its position as the top choice for decentralized application (dApp) developers. Here are the reasons why Solana stands out:
Super processing speed: Solana can process up to 50,000 transactions per second, with a block creation time of only about 400 milliseconds, without the need for Sharding or Layer 2 solutions.
Ultra low latency: Transactions are confirmed almost immediately, with an average latency of only about 1 second.
Super low cost: The estimated transaction fee is only about 10 USD for 1 million transactions, helping to save the most for both developers and end users.
Modern programming language: Solana supports Rust - a safe, high-performance programming language, very popular in the current dev community. In addition, it also supports C, C++ and Move (Meta's Libra language).
Thanks to the above advantages, Solana is becoming an ideal environment for building and deploying large-scale dApps, with outstanding features:
Ensuring high throughput, low fees, low latency and efficient decentralization
Clear, consistent infrastructure, reducing complexity compared to having to use shards or Layer 2
Aiming for strong backward compatibility, creating a solid foundation for long-term development in the future
It can be said that SOL is currently one of the "bright candidates" of the crypto race. With a strong technology platform, extremely fast processing speed and super low transaction fees, SOL still maintains its position in the hearts of long-term investors.
