i mostly analyse some DEFI coins right and i have my reason, for me DEFI is parts of the future of the cryptospace just because most of projects use governance, so peoples can make hear their voice and can vote, decentralisation, Stacking, swaping and much more good ideas, not like 2017 projects where peoples just follow the team and wait for results, well it's not meaning older projects are bad, some will success for sure.
so what is Solana :
Founded by former Qualcomm, Intel, and Dropbox engineers in late-2017, Solana is a single-chain, delegated-Proof-of-Stake protocol whose focus is on delivering scalability without sacrificing decentralization or security.
Core to Solana's scaling solution is a decentralized clock titled Proof-of-History (PoH), built to solve the problem of time in distributed networks where there is not a single, trusted, source of time. By using Verifiable Delay Functions, PoH allows each node to locally generate timestamps with SHA256 computations. This eliminates the need for the broadcasts of timestamps accross the network, improving overall network efficiency.
So if u want to compare with Ethereum, ETH is like 30 Transactions per second and Solana SOL is 50,000 Transactions per second. until we get ETH 2.0, which is said to be able to handle 100,000 transactions per second... but we believe what we see and Solana already here. Who are first investors in Solana Project ? Sam Bankman-Fried from FTX Exchange wich is belong also to Binance, so understand that you are in a big project like Polkadot or Cosmos.
for now here my analyse :
Buy now or wait a bit to try to get a dip.
Buy zone 1 : 2.8$ Buy zone 2 : 2.3$
TP : 6.9$
Happy Tr4Ding !
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i will consider target reached on SOL. +183% - +150% if you got it at the good time.