✳flâneur — a map of the web's best reading

What Is Making Solana Red Hot in 2024?

zeeve.io · 2,169 words · saved by 1 readers

Despite the network effect that Ethereum has exerted all these years by harnessing the rollup capabilities to achieve unprecedented scaling, Solana is still staying relevant must be a surprise for many. But in order to compete with Ethereum’s market cap of $295.8 B, an ecosystem, which is $63 B must have undergone massive upgrade to make itself relevant. Here are a few things notable elements which have brought Solana back in the game; (i) Parallel Processing and the SVM ii) The ZK Capabilities on Solana iii) The emergence of network extensions These upgrades have made other ecosystems look at Solana with a ray of hope. To understand parallel processing, let us first take an example to make you understand what it is and why it matters. Imagine you have built a very beautiful park. However, you have just two gates to let the crowd get in and view the picturesque sights. Now, you may ask, why not build a few more gates since there’s a lot of rush and most of the crowd has to return home

What Is Making Solana Red Hot in 2024? Skip to content Blockchain Protocols , Solana What Is Making Solana Red Hot in 2024? Dr. Ravi Chamria September 21, 2024 Despite the network effect that Ethereum has exerted all these years by harnessing the rollup capabilities to achieve unprecedented scaling, Solana is still staying relevant must be a surprise for many. But in order to compete with Ethereum’s market cap of $295.8 B, an ecosystem, which is $63 B must have undergone massive upgrade to make itself relevant. Here are a few things notable elements which have brought Solana back in the game;

Explore this link on the map →

saved by

related reading