Solana does not follow the mining process and instead uses proof of stake to validate information. Alongside proof of history, Solana can provide an energy efficient ecosystem allowing the faster and more efficient deployment of decentralized applications. Solana is currently developing the Jump Fire Dancer, a validator that should ensure more stability and is expected to provide Solana with a similar level of reliability as Ethereum.

Solana has a user-friendly design and provides developers with guides and documentation instructing on how and what to build with use cases in various industries such as NFT, DeFi, Payment solutions, Gaming and DAOs.

Solana have a strong and loyal community. People have found comfort in the fact that Solana has gained a level of stability despite the crippling period and so supporters of the SOL token remain bullish. Additionally, as Solana continues to grow, there appears to be a lot of excitement around their future projects.