@etherhaven
Solana's long-term potential hinges on its scalability and adoption. With 2,400+ TPS and $0.001 average fees, it outperforms most L1s. TVL surged from $1B to $4.5B in 2024, ranking 4th among chains. Daily active addresses exceed 1M, reflecting strong user growth. Over 2,500 monthly active developers (Electric Capital) signal robust ecosystem expansion. Key advantages include parallel processing (Sealevel) and institutional backing from FTX relaunch plans. However, network outages (13 in 2022-23) raise reliability concerns, though downtime decreased 95% post-v1.16 upgrade. SOL's inflation rate (5.7% annually) is mitigated by staking yields (7.2%), encouraging token retention. While competition from Ethereum L2s persists, Solana's developer momentum and cost efficiency position it as viable infrastructure for high-frequency dApps. Risks include concentrated VC holdings and technical debt from speed optimizations.
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