Review on Solana by erdi yılmaz
When will Solano shine?
Solana (SOL) is a project that aims to support all blockchain applications with high growth rates and high frequencies and to democratize the economic systems in the world.
Solana has the capacity to support more than 50,000 transactions per second while keeping the block times at the level of 400 milliseconds.
Thanks to the Turbine block protocol it uses, Solana both provides high performance and remains scalable. It can also support thousands of nodes.
The estimated amount of transaction costs on the network is $ 10 for 1 million transactions.
SOL is the Solana platform's own cryptocurrency and has a variety of uses. For example, SOL tokens can be staked. Thus, users both earn staking rewards and have a voice in the platform.
In addition, SOL can use it to make payments during token transactions on the network. It is said that SOL tokens will also be used as governance tokens in the future.
Investors expect a good performance from SOL, but the lef did not meet their expectations sufficiently. In the medium term, investors are very hopeful of SOL.
However, the platform behind SOL is thought to be successful in the future. Therefore, the price of SOL is expected to increase.
It is listed on exchanges SOL, Binance, Gate, Bitmax, Bilaxy and a few more.
Pros
- Listed on major exchanges
- A project where people are hopeful
Cons
- The value has not yet met expectations
