These are a few of my short-term price targets on $SOL, remember this coin is currently raising nearly half a billion dollars in order to compete with ethereum. With the release of Eth 2.0 being delayed further and further, this gives other ecosystems such as Solana and Polkadot a fighting chance to win market dominance. Hence the reason I'm constantly researching different ecosystems to invest in.
What is Solana?
Solana (SOL) is an open source project that implements a high-performance, permissionless blockchain.
The Solana ecosystem introduces a number of new, efficient technologies that cooperate so as to enable the Solana blockchain to facilitate greater transaction speeds and a highly secure platform. Firstly, the platform uses the Delegated-Proof-of-Stake (DPoS) consensus mechanism. DPoS blockchains are much swifter than PoS blockchains; the Solana blockchain takes averagely around 2.34 seconds to produce a new block, which is multiple times faster than most of its peers.
What is Solana?
Solana (SOL) is an open source project that implements a high-performance, permissionless blockchain.
The Solana ecosystem introduces a number of new, efficient technologies that cooperate so as to enable the Solana blockchain to facilitate greater transaction speeds and a highly secure platform. Firstly, the platform uses the Delegated-Proof-of-Stake (DPoS) consensus mechanism. DPoS blockchains are much swifter than PoS blockchains; the Solana blockchain takes averagely around 2.34 seconds to produce a new block, which is multiple times faster than most of its peers.
