Over the past several years, Solana has become one of the Blockchain platforms with the fastest worldwide adoption rates. Solana's market capitalization increased by 400% in the summer of 2021, Statista portal says. It is now viewed as a direct rival to Ethereum that can facilitate the creation of decentralized applications more effectively. Solana is loaded with pre-built features that make it one of the most efficient and well-liked Blockchain platforms on the market. Businesses should seriously consider investing in the development of the Solana Blockchain given its outstanding features and unequaled advantages.
- High Tempo
Solana can process 50,000 TPS and can scale up to 70,000 TPS, which is much more than Ethereum, which only manages 15–45 TPS (Transactions per second). One of the best Blockchain platforms for building enterprise-grade dApps is Solana, which can process thousands of transactions per second. - Low Price
Solana has achieved economies of scale and kept the application costs incredibly cheap by bringing in billions of customers. In comparison to other Blockchain platforms on the market, Solana has a very low average fee per transaction of $0.000025. - Superior Scalability
The horizontal scaling approach used by Solana determines how scaleable it is. The Cloudbreak technology makes sure that the system is always scalable and that the tokens and transactions that take place on top of the Blockchain never experience throughput problems. - Environment-friendly
Solana is a low-consumption, energy-efficient, carbon-neutral, and environmentally friendly Blockchain platform because to the combination of PoH (Proof-of-History) and PoS (Proof-of-Stake) consensus processes.
If your company is interested in Solana blockchain development services, drop us a line at Aetsoft.
Topics:
blockchain
