Solana’s Resurrection Is Shaping a New Crypto Narrative

DuLX...UX5K
10 Jan 2024
17

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Too late” in 2021. “Dead and buried” in 2022.

Now, with SOL’s price popping off like a champagne cork, it’s the perfect time to take a closer look at Solana.

I’ve written in depth about Polygon, Avalanche, and Cardano in the past, so I’m excited to dive down this rabbit hole and explore Solana and its ecosystem, especially having worked and consulted with a handful of Solana NFT projects in the past.

To get a good grasp of Solana, we need to know how the project came about, what it does under the hood, the challenges it’s overcome, and the bright future that lies ahead.

In this deep dive we’ll touch on topics such as:

Why make another blockchain?Solana’s inceptionHow Solana worksThe Solana ecosystemSOL tokenomicsSolana’s bright futureSolana’s troubled past

And remember folks, none of this is financial advice!

With that disclaimer out the way, let’s dive in. And what better way to get this investigation started than with a blatantly obvious question:

Why make another blockchain?

Aren’t there enough to choose from already?

Well yes, even back in 2017 when the Proof of History white paper dropped, there were more than enough blockchain projects that were either operational or still in the works.

Yet Solana’s founding father saw things differently.


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