Solana Prediction: How can Solana Improve?

Solana Prediction: How can Solana Improve?

full version at cryptoticker.io

Solana's potential for future growth comes into focus as the cryptocurrency market settles. Experts shed light on Solana's trajectory, emphasizing key foundations critical for its sustainability and expansion.

Scalability

One of Solana's primary challenges lies in addressing scalability issues promptly. The surge in user activity from December to April caused significant congestion, rendering the chain nearly unusable by the end of this period. In response, accelerated scalability solutions became imperative. The ability to process high transaction volumes efficiently is vital for user trust and operational effectiveness. This swift response underscores Solana's commitment to overcoming obstacles.

Engagement

Beyond mere user acquisition, the focus shifts "p5 DAUs" (a custom measure for daily engaged users). With one of Solana's NFT platforms successfully nurturing 25,000 highly engaged users daily alone, the potential for sustained growth can be highlighted. This metric underscores the importance of fostering a dedicated user base for long-term success.

Quality

Post-congestion issues, Solana has improved product quality, resulting in heightened user satisfaction and retention rates. Upholding these enhanced standards remains crucial for retaining and attracting users in the competitive blockchain landscape.

Community

Engaging transparently with the community is essential for garnering user support and fostering a robust ecosystem. Norby emphasizes the significance of community engagement and clear vision in laying the groundwork for Solana's promising future.

Recent conversions

0.146 BTC to USD 0.06666 ETH to AUD 20 BCN to ETH 80000 KRW to USD 11000 INR to CAD 1 INR to IQD 0.0135 BTC to USD 5500 PKR to NOK 78 ETH to EUR 0.0008 ETH to AUD 200000 TWD to NOK