Too late to but Solana?

Solana is one of the most well known among the 10,000 tokens that presently exist. The digital currency project is called Solana, while the singular unit is known as a sol.

Made by Anatoly Yakovenko, Solana works on a decentralized PC network utilizing a record called blockchain. This blockchain information base oversees and tracks the money, and viably records each exchange that is at any point happened in it, similar to a long running receipt. The PC network records the exchanges in the cash and checks the information’s respectability.

This decentralized arrangement makes the organization more vigorous, and clients can make exchanges without the need of a mediator. Solana considers itself the quickest blockchain on the planet and promotes its capacity to confirm 65,000 exchanges each second at an expense of under a penny each.

Many individuals consider crypto coins as just a cash, it’s helpful to consider crypto as a symbolic that can drive or empower other applications on the stage. For instance, Solana can drive smart contracts, decentralized money applications, NFTs and the sky is the limit from there. Check out Solana.com

The most important points to take away from understanding Solana is that it’s the fastest growing crypto currency ecosystem today. Solana is considered to have a competitive edge edge thanks to faster transaction speeds and lower costs.

We believe that Solana may be one of the best crypto pics for 2022 for 2022 for these 3 reasons.

1. Transaction speed

Let’s face it time is money and we want faster everything everything. This means faster transaction time on the network. Faster transaction speeds means less time waiting for a transfer.

2. Cheaper transaction fees

This could be the number one best selling point. Transaction costs well under one cent make this platform extremely attractive compared to etherum’s high gas fees.

3. Market capitalization has room to grow. Although currently at the time of this publication Solana Is at and all time high.