Given that Solana is a fairly new and not even a year old blockchain we need to look at the amazing benefits it brings to the crypto world. One of these is a whopping 50,000 transactions per second beating every competitor hands down. Ethereum handles 15-25 transactions per second, Ripple with 1700 TPS, Bitcoin 4.6 transactions per second, EOS claims 50,000 transactions per second but not sure. Also, Solana's average fee per transaction is 0.00005 with global validators now at 689 and growing. You also have an impressive Solana ecosystem with great platforms like Binance, USDC, Crypto.com, Exodus and Atomic, Band Protocol, Bitfinex, Tether, Chainlink, Kin, Ledger, and the list goes on and on. I use Solana wallets and it amazes me how lightning fast the transactions are. I mean it literally sends my Kin the instant I press the send button it confirms and deposits instantly.
solana.com/ecosystem
It is clear that Solana will be a huge competitor to Ethereum, Tezoz, Cardano, and other similar platforms. I am thinking that with such a low circulating supply with Solana of only 267,460,091 SOL, we could see a serious higher price at the end of this year.
My end of year price points for Solana: $900, $2,000 & $3,000
solana.com/ecosystem
It is clear that Solana will be a huge competitor to Ethereum, Tezoz, Cardano, and other similar platforms. I am thinking that with such a low circulating supply with Solana of only 267,460,091 SOL, we could see a serious higher price at the end of this year.
My end of year price points for Solana: $900, $2,000 & $3,000