What is special about Solana?

Solana now boasts a theoretical peak capacity of 65,000 transactions per second and has become one of the most highly used blockchains today due to its speed and cheap transaction costs. Like almost any blockchain system today, Solana is still very new and not without controversy.

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Which Crypto is better than Solana?

Axie Infinity . Another cryptocurrency that’s handily outpaced Solana in the dApp revenue department is play-to-earn blockchain-based game Axie Infinity ( AXS 17.25% ). Axie has brought in $105 million over the past 30 days — it’s the aforementioned No. 2 behind Ethereum — and $1.26 billion over the trailing year.

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Is holding crypto a good idea?

Due to their highly volatile nature, cryptocurrencies provide great opportunities for traders to build up long and short positions frequently . However, “hodling” can provide more safety to investors, as investors are not exposed to short-term volatility and can avoid the risk of buying high but selling low.

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Can you hold cryptocurrency?

Users can lose bitcoin and other cryptocurrency tokens as a result of theft, computer failure, loss of access keys, and more. Cold storage (or offline wallets) is one of the safest methods for holding bitcoin , as these wallets are not accessible via the Internet, but hot wallets are still convenient for some users.

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