Developers like Lite are bullish on Solana's potential in the upcoming crypto bull run. Despite its past reputation for network outages, Solana has recently escaped criticism from crypto communities and skeptics due to:
- No major outages since June.
- Significant network improvements.
- Consistent real-world adoption efforts.
This article compiles insights from Lite's Twitter thread. Not financial advice.
Network Optimization: Eliminating Downtime
All public blockchains make trade-offs between decentralization, censorship resistance, and speed—strengths inevitably come with weaknesses. Since its last major outage in June, Solana has dramatically optimized its network, with a substantial increase in validators and nodes.
While it’s hard to ignore past frustrations with frequent disruptions, the network now runs smoothly, maintaining 2,000–3,000 TPS even during peak NFT minting periods.
| Metric | Solana |
|---|---|
| Node Count | Increased |
| TPS (Peak) | 3,000 |
NFT Market Advantages
Solana shows two key advantages in the NFT space:
1. Surging Trading Volume
Magic Eden’s weekly (9/4–9/10) trading volume neared half of OpenSea’s.
2. Ethereum’s Market Cap = 17.5× Solana’s
This highlights Solana’s untapped potential in NFTs.
3. Token Interoperability Bridges the Gap
With Crossmint, users can buy SOL NFTs using ETH—such integrations may further narrow market disparities.
What Do Users Actually Care About?
Bitcoin and Ethereum maximalists often debate decentralization, but mass adoption hinges on simpler priorities:
- Low fees
- Fast transactions
- Innovation
Solana’s upcoming Saga phone could be a catalyst for adoption, offering real-world utility.
Eco-Friendly Blockchain Alternative
A recent White House report flagged PoW mining’s energy consumption, endorsing Solana’s PoS model as a sustainable alternative.
👉 Explore Solana’s ecosystem for low-cost, high-speed transactions.
Price Potential: A Trader’s Perspective
As of September 7, SOL traded at $20**—analysts see a path to **$200 in the next cycle. While 50× gains are unlikely, SOL remains a high-conviction bet.
"SOL is my favorite play for the next bull market." — Lite
FAQ
Q: Is Solana reliable after past outages?
A: Major upgrades since June have stabilized the network.
Q: How does Solana compare to Ethereum for NFTs?
A: Lower fees and faster transactions, but Ethereum dominates liquidity.
Q: Why the focus on Solana’s phone?
A: It bridges crypto and mobile—a key adoption driver.
Risk Warning: Crypto investments are volatile. You could lose your entire capital. Assess risks carefully.
👉 Dive deeper into Solana’s tech and stay ahead in the next bull run.
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### **Anchor Texts Added**:
1. *"Explore Solana’s ecosystem"*