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Ravinzor
@timoze
Solana is known for its high-speed and low-cost blockchain technology. Here are five key advantages of Solana: 1️⃣ High Throughput (Speed) Solana can process 65,000+ transactions per second (TPS), making it one of the fastest blockchains. 2️⃣ Low Transaction Costs Average transaction fees are around $0.00025—much lower than Ethereum's gas fees. Enables microtransactions and cost-efficient DeFi/NFT activities. 3️⃣ Scalability Without Layer 2 Solutions Unlike Ethereum, which relies on Layer 2 solutions, Solana scales natively on Layer 1. No need for rollups or off-chain solutions to improve speed and efficiency. 4️⃣ Developer & Ecosystem Growth Solana supports Rust & C, making it appealing for developers from traditional software backgrounds. Strong ecosystem with DeFi projects (Raydium, Serum), NFTs (Magic Eden), and Web3 apps. 5️⃣ Energy Efficient & Eco-Friendly Uses a more energy-efficient PoH + Proof-of-Stake (PoS) hybrid model, reducing carbon footprint.
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