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Many people still perceive Solana as just "another public chain," but in reality, it is driving blockchain technology toward the cutting edge. As one of the top three public chains by long-term crypto contract holdings, Solana's strength has never been hype but solid performance metrics and robust ecosystem development.
Why are investors and developers rushing to Solana now? The key lies in several core competitive advantages.
**Performance breakthroughs are fundamental.** Solana uses an innovative Proof of History (PoH) mechanism, which allows it to process tens of thousands of transactions per second. When handling high-frequency trading or large-scale decentralized applications, its smoothness is almost comparable to traditional internet services. This is not just marketing talk but a tangible difference that can be felt.
**Unbelievably low costs.** On Ethereum, a simple transaction can cost several dollars in fees. What about Solana? Usually less than $0.001. This means that NFT minting, DeFi swaps, and other operations can be done by ordinary users without pressure, turning the slogan of "mass adoption on-chain" into a real possibility.
**Ecosystem activity is soaring.** From decentralized infrastructure (DePIN) to various efficient liquidity protocols, Solana has formed a fairly mature application ecosystem. It no longer relies on good storytelling but proves its value through real user data and continuous developer investment.
Currently, SOL is at a critical bottom on the monthly chart, making this a noteworthy time to pay attention.