Solana (SOL), a leading blockchain platform known for scalability and speed, is potentially gearing up for a significant price surge, possibly reaching the $3,050 mark as per analyst Ali Martinez.
Solana's unique features like handling 65,000 transactions per second and utilizing proof of history (PoH) consensus mechanism contribute to its high speed and efficiency in processing transactions.
Recent surge in social engagements, with SOL engagements hitting 174 million, indicates heightened interest and speculation around Solana, outperforming Ethereum and XRP in terms of engagement numbers.
The addition of SOL support by MetaMask will enhance user exposure to digital assets and improve interoperability across various networks beyond Ethereum Virtual Machine (EVM) compatible ones.