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SOLANA (SOL) - is finally living up to its hype

Updated: Dec 6, 2021

Was referred to by many as the "Etheruem killer" for usability, scalability and reliability

Solana Price Prediction

Solana (SOL) seems like the hot topic that everyone is talking about nowadays. Reports and experts claim that price will surge reaching $200 by the end of the year. The “Ethereum killer” price is expected to surge due to:

· Solana is the fastest growing cryptocurrency in the market. The developers of Solana have been working endlessly towards upgrading the product with constant features.

· Solana’s focus is supporting smart contracts which are helping them gain maximum attention from structuring DeFi applications and also, building NFTs.

· Also in comparison to Ethereum and Cardano, Solana is showing the best result with almost 70,000 transactions per second. Not to mention, Solana costs way less than its competition.

Where to buy Solana?

Buy Solana Easily here, 'Anything to Anything'

What is Solana (SOL)?

Solana is a web-scale blockchain that provides secure, fast, scalable, decentralize apps and marketplaces. Web-scalable meaning it has transactional capacity comparison to the internet.

Solana (SOL) team of former technicians who worked for tech giants like Apple, Google, Microsoft and Twitter along with its unique offering and innovation, gave it credibility and encouraged funders to fund the ambitious project, $25 million USD was funded to the project.

Solana was introduced in the market as “Ethereum killer” and it is finally living up to its hype. Solana has been witnessed surging in the past few weeks with constant all-time highs. Solana, which is also known as SOL, is as of now trading at USD 136.21, which has rallied from USD 70 just two weeks ago.

Solana Ecosystem:

It seems like Solana has no short of projects built upon it, from NFTs to Electric Cars charging crypto payments. Most notable projects:

FTX – Famous Crypto exchange - Chose Solana for speed

USDC - the stablecoin from circle - Chose SOLANA for fast and global settlement

Metaplex – NFT Marketplace – Chose Solana to elevate creators

Solsea – NFT Marketplace – Chose Solana to collect NFT

HIPS Payment Group – Chose Solana as a provider for Electric Cars crypto payment

SOL coin use cases:

· Staking. SOL can be staked to become a validator or leader on the Solana blockchain. It can also be staked by regular users to earn staking rewards.

· Network fees: SOL is used to pay for transaction fees on the Solana blockchain network.

· Governance. SOL is needed to vote on governance proposals on the Solana blockchain.

Solana has the potential to become the next best new investment. What do you think? Will you invest in Solana?

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