Review on Solana by Robiul Islam
Is it a good investment?
I consider Solana to be the best cryptocurrency as of now. It is viewing as a promising blockchain that can replace Ether's strength. It grabbed the eye of numerous other ruling virtual resource financial investors toward the start of the blast of decentralized finance.
Solana team is unshakable and groundbreaking. It is perhaps the most progressive blockchains in activity presently. The developers behind this project prevailing with regards to making a network that could outperform the present payment processors as far as TPS and functionality.
Generally speaking, the objective of the project is significant. Expanding network data transmission is a genuine test for most platforms right now available. The project can turn into a genuine contender to some other payment implies if developers arrive at their fundamental objective.
Anyway, Is it a good investment? Indeed, on a long-term basis, it is a better investment option than some newly introduced coins that also create hype. However, always do your own research before investing in any digital project.
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Pros
- This is a superior blockchain for Dapps like DEXs and staking protocols.
- Fast and cheap transaction.
- It has a high transaction throughput.
- Anybody can get an easy revenue by staking on the network.
- SOL is traded on the majority of the big exchanges.
Cons
- Solana is a remarkable and emerging project of the present time and I have no concerns right now.
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Comments (1)
May 27, 2021
A complete project! Indeed.
What is interesting right now is that it was undervalued for a long time. Just now for example, after the big dump from bitcoin, the price was stabled. And if it was near 50$, right now, after some statistics, it shoud gain 200$ in few months.
