We recently witnessed a statement by Sam Bankman-Fried, CEO of the popular FTX exchange, which pointed to the growing interest of institutional investors in Solana project. But what’s behind it?
Institutional investors want Solana
Solana is a blockchain created by Anatoly Yakovenko. The CEO of FTX did not come up with this statement out of nowhere. Solana has long been supported by companies Alameda Research and FTX Exchange which belong to Sam Bankman-Fried. The main feature of support from large institutions is, in particular, the outlook for the future. According to him, Solana will be used extensively for industrial use
NFT platform SOLSEA
SOL, as the main competitor of the ETH network, has an NFT platform called SOLSEA. This project was first launched by the FTX exchange. Users can trade NFT tokens. Although this platform still has many disadvantages compared to OpenSea, which runs at ETH, the prospects for the future are positive. SOL still has a very long and demanding journey ahead of it, but the advantages over ETH are already significant.
According to the latest data from the solana.com portal, they are the average cost of a transaction is $ 0.00025. This factor, together with new licensing standards and high throughput, makes blockchain SOL an attractive project for the entire NFT sector.