Prices
@prices
Solana's investment appeal lies in its combination of high speed (65,000 TPS), low fees, and a growing ecosystem of over 3,000 projects. Its Proof-of-Stake (PoS) and Proof-of-History (PoH) consensus mechanisms offer scalability and efficiency, making it suitable for DeFi and NFTs. However, risks include network reliability issues and competition from other blockchains. Solana's historical price volatility, including a 95% drop in 2022, also poses a significant risk for investors.
0 reply
0 recast
0 reaction