According to U.S. News, Solana's fast speed, low costs, and degree of scalability are its primary selling points. Non-fungible tokens can also be made with solana (NFTs).

Since Solana can handle up to 50,000 trades per second, it has a reputation for being the fastest blockchain network.

While Bitcoin can only process 7 trades per second, Ethereum can process 15 trades per second. Outside of cryptocurrencies, Visa can process 1,700 trades per second.