"The revelation is very surprising, does the price of SOL have the potential to go up?"
Pantera Capital, a blockchain and cryptocurrency-focused firm with over $4.7 billion in assets under management (AUM) has referred to Solana (SOL) as the “Mac OS of blockchain” due to its architectural advantages and increasing adoption.
This is because the expansion of SOL over Ethereum (ETH) is comparable to the phenomenon in the PC market when Apple appeared to challenge Microsoft's dominance in the field, Pantera commented further.
He added that optimizing each component of SOL is a component of his development team's roadmap that will provide advantages to users and developers such as improved experience.
The features of SOL have allowed the development of applications that are difficult to use in other protocols such as ETH, for example pantera refers to Drip leveraging non-fungible token (NFT) compression techniques and low fees to provide artwork to millions of wallets at no cost.
Not only that, it also underlines SOL's capacity to host content distribution, Depin (decentralized physical infrastructure network) and CLOB (central limit order books) following low fees and low latency transactions.
Please be informed that the use of the SOL network managed to see a remarkable increase, where the number of different addresses reached 1.34 million from 14,000 in October 2020 and the number of decentralized exchanges also experienced a significant increase.
SOL's architectural advantages and vibrant community are key factors that point to its bright future, Pantera said, emphasizing its potential for growth and innovation in the blockchain and crypto space.