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Solana (SOL), launched in 2020 by Anatoly Yakovenko, is a fast and cost-efficient blockchain, positioned as an alternative to Ethereum.
Its Proof of History (PoH) consensus, combined with Proof of Stake (PoS), enables up to 65,000 transactions per second with near-zero fees, driving its adoption in dApps, DeFi, NFTs and blockchain gaming.
· WHY HOLD SOLANA (SOL)? ·
- Speed and scalability: up to 65,000 transactions per second, far outpacing Ethereum.
- Low fees: minimal-cost transactions, facilitating mass adoption of dApps.
- Expanding ecosystem: DeFi, NFTs, gaming, and strong adoption by institutions.
- Memecoin hub: Solana attracts significant volume thanks to the growing popularity of memecoins.
· KEY PARTNERSHIPS AND DRIVING FACTORS ·
- The Trump effect (2024): a crypto launched by Trump briefly pushed SOL above its ATH of $300.
- Institutional adoption: institutions choose Solana for its speed and low fees.
· GROWTH POTENTIAL ·
Solana, with its high scalability and low fees, appeals to developers, investors and innovative projects.
Its key role in memecoins and its institutional adoption reinforce its central position in the blockchain ecosystem.