TL;DR
Solana is telling a narrative of survival proper now.
Builders select a blockchain to construct on, study its language, and make investments their time – all within the hopes of promoting a services or products to its consumer base.
Which suggests builders wish to make certain they’re constructing on sturdy blockchains, which have confirmed they’ll survive, and thrive, over time.
Solana has completed simply that.
Full Story
A 100% value soar in beneath 30 days? That ain’t dangerous!
However not each cryptocurrency that makes these sorts of features receives as a lot consideration as Solana is getting proper now.
So why the actual fascination with Solana?
There’re most likely a bunch of causes – however at the start, it is as a result of:
Solana is telling a narrative of survival proper now.
Or, if we needed to make ourselves sound smarter than we’re (which we do), we might say it is all bought to do with The Lindy Impact, which says:
The older one thing is, the longer it is more likely to be round sooner or later.
The Lindy Impact holds specific weight within the crypto world, as a result of most blockchains do not pay builders straight.
As an alternative, builders select a blockchain to construct on, study its language, and make investments their time – all within the hopes of promoting a services or products to its consumer base.
Which suggests builders wish to make certain they’re constructing on sturdy blockchains, which have confirmed they’ll survive, and thrive, over time.
…and over the previous yr, Solana has been via it.
In a twelve month interval, the chain noticed:
Its value tumble ~75%
Its each day lively consumer base drop from ~730k to 200k
Its largest NFT mission soar ship to a competing chain
And $120M value of tokens get tied up within the FTX chapter…
However Solana continues to be right here.
And builders are nonetheless selecting to construct on it.
The extra a mission endures → the longer it is more likely to be round sooner or later → the extra excited the investing public will get about it.
