Why 80 zone can be the beginning of the next BULL RUN? : SOLANA

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SOLUSD

Solana is the fastest blockchain in the world and the fastest growing ecosystem in crypto, with thousands of projects spanning DeFi, NFTs, Web3 and more.
In few years I see a massive adoption of NFT'S WEB3 , METAVERSE , Spanning DeFi and more if that happen solana right now is sitting in interesting price levels , as you can see we just reach an important level of demand in confluence with the 0.718 level. To be honest For me this can be an interesting buy zone.

Why solana can increase in value in few years ? (fundamental approach)

Pocket-friendly transaction charges Business-wise, Solana should have a high transaction fee because of its fast, huge transaction capacity per sec. Solana remains one of the cheapest when it comes to the transaction fee. Unlike bitcoin, which could cost $5 per transaction, Ethereum about $10 to $65, Solana’s transaction charges range from $0.00025 to $0.0001. It is worth noting that this ridiculous transaction fee on the Ethereum network would be reduced once the network fully transitions into ETH 2.0. Nonetheless, Solana remains the cheapest.


POCKET FRIENDLY SOLANA FEE

Unlike bitcoin or even etherum thas has high fees and not profitable fees , solana has the cheapest fees. Even if ETHERUM 2.0 is going to have cheaper fees once they increase the capacity of transactions solana fees are something like : 0.00025 to 0.0001

HUGE TRANSACTION CAPACITY!= INSTANT

Solana has a strong transaction capacity. Bitcoin for example has a transaction capacity of seven transactions per second, Ethereum handles about 30, and Solana has a capacity of 65,000 transactions per sec. No network has been able to achieve this fit like solana. However, Ethereum is on the verge of transitioning into ETH 2.0 to improve its scalability and reduce its huge transaction fee. After this upgrade, Ethereum should have a carrying capacity of about 100,000 transactions per sec.

Currently, Solana remains the fastest network among all other cryptocurrencies. Even when compared to visa card that has about 24,000 transactions per sec capacity, it should be noted that some of these transactions might take days for confirmation.

COMPATIBILITY WITH SMART CONTRACTS

Etherum quickly became the father of defi however, solana can run better application and fasters than etherum. Solana can overdoo cardano and become the defi father


The setup will be invalidated if we broke below the 80.00 price however I'm bullish in longrun

This is not a financial advise, it's just my point of view