Today, the market value of SOLANA has surpassed UNISWAP, ranking 9th. Why is SOL so recognized?
Solana’s mission is to support all high-growth and high-frequency blockchain applications and democratize the world’s financial system. The core of Solana is:
Scalability: Solana can support more than 50,000 transactions per second, while maintaining a block generation time of 400 milliseconds.
Decentralization: Using the Turbine block propagation protocol, the platform can support thousands of nodes while maintaining performance and scalability.
Low costs: The network transaction cost of 1 million transactions is estimated to be $10.
Solana’s huge global community:
More than 360,000 Twitter followers
Telegram group has more than 80,000 members
Official website supports 15 major languages.
Solana has local communities and Collective administrators in more than 20 regions around the world
SOLANA’s ecological development is rapid and the financing is frequent, which is favored by capitalist.
On May 29th, the Solana blockchain- a based NFT social platform “Only1” announced the completion of financing.
On June 15th, blockchain monitoring and workflow automation platform “PARSIQ” completed US$3 million in Series A financing
On July 2nd, “Dexla” a decentralized trading platform, received US$1.44 million in financing
On July 14th, “Phantom”, a cryptocurrency wallet provider, completed a US$9 million Series A financing
On July 17th, the DeFi agreement with Ratio Finance announced the investment of 2.25 million US dollars
On July 27th, Saber, a cross-chain stable coin trading platform, announced that it had received a funding of $7.7 million
On July 27th, the asset management agreement Snypool announced that it had received an investment from Evernew
On July 27th, the prediction market agreement Hedgehog announced the completion of a $3.5 million round of financing
On July 27th, the money market Port Finance announced the completion of a $1 million round of financing
The price of SOL has risen continuously since the bottom was confirmed on July 21, and hit a new high, with a circulating market value of $19.162 billion. I expect the price of SOL will rise further, and it is not impossible to exceed 100USDT.
What do you think will be the price of SOL in the future?
