5 Things To Know Before You Buy Solana

The year 2021 has been instrumental indeed for Solana (SOL). Throughout the year, Solana continues to see a considerably high spike in its prices that naturally affected its value in the eyes of passionate Crypto investors. This year too, it continues to flourish in fame, and we cannot have enough of asking you to purchase it right away. But before you do, it is a good practice to run through a few essential things you should know about it. So, why keep waiting Buy Solana? 

Read on for more. 

  • A Great Substitute For Ethereum – Buy Solana

If there is one Crypto that has changed the game after Bitcoin, it is Ethereum. It is not only popular for being the second-largest Crypto across the globe but for also being the first to launch smart contracts. However, ever since its advent, investors have been looking for a potential alternative to Ethereum to fall back on. Amidst all other Cryptos good enough for this purpose, Solana is the best. It is the closest to resembling Ethereum in several ways and thus makes for a good alternative for it. 

  • Fastest On The Block 

The most intriguing aspect of investing in Solana is that it can yield the fastest transactions on the block. It can process nearly 50,000 transactions each second. Such speed is brutal to find anywhere else. You may also note that Solana processes as many as 24,000 TPS that can offer the current payment connects a good run for their cash. 

  • Accesses More Than 350 Apps 

Did you know that Solana is currently accessing 350 apps on its network? You will be shocked to know that even Ethereum isn’t that good at running several apps together on a particular network like Solana. So, if this is an essential consideration for you, Solana is the masterpiece to select. DeFi and NFTs are also a part of this that can be highly beneficial for you in the long run. 

  • Extensive Growth In The Recent Times 
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Amidst all other essential considerations, Solana has also grown extensively in recent times. Sources suggest that Solana has produced more than 13,300%, with a net worth of more than $202.42 on 1 SOL right now. That is why it has swiftly acquired the position of an important Crypto very quickly now. 

  • Uses Proof Of History 

Where other Cryptos use the Proof Of Stake technology, Solana uses Proof Of History to provide something unique and a safer experience. Since Proof Of Stake limits the number of validators, it might not be the best pick for investors. That is why Proof Of History is recommended in the form of Solana. 

The Bottom Line 

Solana has many potential benefits that are apparent reasons you should go for them right away. So, do not keep thinking. Purchase Solana while there is time, and watch it yield the right results for you. If you want more information on this, do not forget to visit Bitcoin Era

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