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Event ends: August 9, 16:00 UTC
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Solana: Benefits & Use Cases
Benefits
• High Speed – Processes up to 65,000 TPS.
• Low Fees – Transactions cost less than $0.01.
• Scalability – No need for layer-2 solutions.
• Developer-Friendly – Supports smart contracts and dApps.
• Energy Efficient – More sustainable than traditional PoW blockchains.
Use Cases
• DeFi – Powering DEXs (Raydium, Orca) and lending platforms (Solend).
• NFTs – Fast, low-cost minting on Magic Eden, Solanart.
• Gaming – Used in blockchain games like Star Atlas, Aurory.
• Payments – Ideal for micropayments and cross-border transactions.
• Web3 – Supports dApps, DAOs, and decentralized storage.
Solana’s speed, low costs, and scalability make it a top choice for blockchain innovation.