Why is the Solana ecosystem so popular?

1. Internal reasons:

1. It has excellent performance, low cost, low latency and high throughput. When large traffic comes in, it can handle it. The essence of finance is trading. The real craze in the Crypto market is all related to trading. Solana, as a platform, is constantly improving its speed and fluency technically.

2.Solana itself performed well in this round, from a low of $8 to a high of $210, and its short-term market value broke through to fourth. The rise of Solana allows holders to reap dividends, and naturally some resources will flow to the ecosystem.

3. When the overall market heats up, the Solana ecology is not left behind, and all perform well. Representative projects have emerged in both the Inscription craze and the Meme craze.

4. There is constant hot money on the chain. After Solana’s copycats came out, there are many companies with market value exceeding 10 million and exceeding 100 million. Jinjiao Liuqun Jiawei: 417072555 On the Ethereum side, the involution is severe, although some The concept is good, but the market value is so high that it is difficult to even reach 10 million. If Solana's chain is compared to simple mode, then Ethereum's side is hell mode.

2. External reasons:

As the most active chain on the chain, Ethereum has recently completed the Cancun upgrade, but there has been no improvement to the main chain. And because the market has improved recently, the more expensive Ethereum is, the higher the transaction costs on the chain are, making it prohibitive. The handling fee for a transaction ranges from tens to hundreds of dollars. Every time, 20% of the funds are gone, causing everyone to turn to other chains, and the one who benefits the most is Solana.

3. Inventory of ecological hotspot projects

Solana is so popular now. I believe that at this point, the market cannot end like this. Let’s take stock of which projects in the Solana ecosystem are worthy of attention. Screening criteria: There is a certain degree of popularity, or it is used a lot, and this industry likes to speculate on the new rather than the old. The last round of bull-bear projects will be skipped.

The Meme track is an important track in this round of market. Some people think that this round of market is due to lack of innovation, so they turn to simple and crude Meme. In this round of the market, the Meme market has experienced at least three waves of popularity. Pepe has brought about one wave, BRC20 has brought about another wave, and SOL ecology has brought about another wave.

Although the meme of SOL ecosystem has lost popularity recently and is in a mess, such as Pepe and BRC20, so far, they have already risen twice, so the meme of SOL ecosystem is still worth paying attention to. As for how to operate it, please study it yourself.

1.WIF At the end of 2019, some KOLs began to add various logos and images to woolen hats and used these pictures as their profiles on Twitter. Dogwifhat put a woolen hat on the dog, and the image of the hat dog was created in this situation. The process of issuing tokens by the hat dog WIF was silent. The market showed that WIF opened at a price of 0.00016 US dollars on November 20, 2023, but the official first tweet was released on December 29.

The creation of WIF and its current market value can be said to be a tepid state. When everyone paid attention to it, it had already risen.

2.Bonk

Bonk is the first dog project in the Solana ecosystem. The official conducted a large-scale Airdrop event on December 25, 2022, of which 50% was allocated to Solana community members, including holders of projects such as LamportDAO and Famous Fox Federation. The event aims to promote community interaction and reward participants. The purpose is to oppose the "Alameda"-style Token economics and restore confidence in the Solana ecosystem and SOL holders after the FTX incident.

3.Bome

Artist Darkfarms launched a pre-sale event on March 13. Users can participate by sending SOL to the designated Solana address. Token allocation is determined by the proportion of donated SOL. After raising 10,131 SOL, Darkfarms added all SOL to the liquidity pool, which caused heated discussions in the market. In just three days, the market value soared from 4 million to 100 million, and BN was launched, which set off a chain boom in a short period of time.

4. SLERF was also a member of the SLERF craze, but due to the operation error of the SLERF founder, 54,583 SOL LP and Airdrop reserved tokens were destroyed. Because no one had tokens, SLERF was completely out of the control of the project party and completely decentralized, forming a new Meme concept, which was sought after by market users. Recently, the official is raising funds to compensate for the losses of users who participated in the interaction before. Although many CEXs have also launched donation activities, most of them are just for the sake of popularity and no substantial money is spent. The current donation activities are not ideal.#SHIB #BOME大金狗 #bonkk #BTC #WIF