Solana is the ETH Killer! SOL $500, Price Prediction Talk With Anatoly Yakovenko SOL News 2022

Solana is the ETH Killer! SOL $500, Price Prediction Talk With Anatoly Yakovenko SOL News 2022 thumbnail

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What is Its Future?
The Solana token’s popularity caused it to rise in value. It received a massive $314million in funding from investors such as Polychain Capital, a crypto hedge-fund. Solana’s network allows for a theoretical throughput of 65,000 transactions per second, which is much higher than Bitcoin’s seven transactions per second and Ethereum’s 15 transactions per second, and transactions cost a fraction of the price of other blockchains, averaging at $0.00025.

Due to the fact that Solana is considered a competitor to Ethereum, it may experience some serious setbacks. Experts believe that Ethereum will continue to be strong if it performs consistently, without running into any technical problems or mismanagement on the administration’s part. The platform is well-rooted and widespread, so its demise is unlikely.

However, this does not mean that Ethereum will be outsold by other blockchains in the future. Solana is one of several underdogs that are aiming to challenge the leader. However, it has a leg up in the early days due to technical superiority and savvy associations as well as an enduring vision.
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