When Solana (SOL) was launched, it was seen as essentially the most severe different for Ethereum. Ever because the blockchain has seen huge progress and continues to draw a bunch of high tasks as nicely. However why is Solana extremely rated by builders all over the world? Listed here are the principle causes:
The chain gives excessive scalability for DAPPs.
The general gasoline charges are approach decrease in comparison with different blockchains.
Solana additionally runs varied incentives designed to herald as many builders as doable.
For buyers on the lookout for promising tasks constructed on the Solana blockchain, we’ve got a listing of three right here under that you would be able to take a look at:
Serum (SRM) is the principle DEX for the Solana community. It’s designed to mirror all of the attributes of the blockchain, together with higher speeds, safety, and low charges. Serum is nonetheless extra than simply an alternate.
Information Supply: Tradingview
It is an built-in DeFi protocol as nicely that enables it to supply extra companies like staking and others. Up to now, the Serum DEX has a market cap of round $453 million. There may be extra room for Serum to surge in the long run.
Star Atlas (ATLAS)
Play-to-earn is seen as one of the crucial promising subsectors of the blockchain business. We now have seen these video games go on to report huge features in 2021, and this development is prone to proceed.
Solana has additionally attracted its justifiable share of Play-to-earn, and Star Atlas (ATLAS) is without doubt one of the most notable ones. The sport is developed by the Unreal engine and is about in an immersive digital universe.
Raydium (RAY) is a liquidity supplier that works utilizing an automatic market maker protocol. The objective for Raydium is to offer liquidity for the Serum DEX, however there are plans to develop it additional. RAY is at present on a market cap of $350 million.