These are 7 Reasons Solana Will Be Up for grabs in 2024!

<p>"Wow there are so many reasons that there are 7 reasons, do you agree with the list below?"</p><p><br /></p><p>Created as a smart contract network, Solana (SOL) has established itself as one of Ethereum's (ETH) main competitors and has continued to grow over the years. Therefore, here are 7 main reasons why investors are attracted to buy SOL.</p><p><br /></p><p>1. Cheaper Price</p><p><br /></p><p>SOL is one of the most attractive and quality cryptos as its price is cheaper at $95.09 compared to Bitcoin (BTC) and Ethereum (ETH) which are currently trading at $42,415 including $2,279.</p><p><br /></p><p>2. Historical Price Growth Potential</p><p><br /></p><p>SOL has a great history of outperforming the general market following in 2023, SOL rose 700% to rank as the best performer among the top 20 and has a relatively strong recovery rate.</p><p><br /></p><p>So here it can be seen that SOL may outperform the market this year and buyers can profit overall.</p><p><br /></p><p>3. Smart Contract Functions</p><p><br /></p><p>SOL has gained a high reputation due to its fast speed, low cost and ability to scale better than other competing networks.</p><p><br /></p><p>It also introduced several new innovations such as DePIN and xNFT which helped it stay ahead then increased its appeal and positively impacted its price.</p><p><br /></p><p><br /></p><p>4. Solana Mobile</p><p><br /></p><p>As the first blockchain network to launch a phone, SOL is gradually entering the world of modern technology with the goal of facilitating access on the Web3.</p><p><br /></p><p>Together with Solana Mobile Saga and its upgraded version, the blockchain is set to attract more users and at the same time drive more utility on the SOL token.</p><p><br /></p><p>5. Enterprise Acceptance</p><p><br /></p><p>By opening up its ecosystem to a wide range of innovations, SOL has become an attractive option for innovators in the wider tech world to join.</p><p><br /></p><p>Among the most ambitious projects he organized was Helium, a protocol that provides telecommunication services to the people of the United States (US), where he also introduced an affordable 5G network in the country.</p><p><br /></p><p>6. Committed Developers And Communities</p><p><br /></p><p>In addition to the dedication of co-founder Anatoly Yakovenko and a group of developers who contributed to the protocol, the SOL blockchain also has an invaluable community in using applications and solutions associated with the blockchain.</p><p><br /></p><p>7. General Market Sentiment</p><p><br /></p><p>Once BTC is in positive momentum, the altcoin market in general can also show significant upward movement.</p><p><br /></p><p>The streak, the spot BTC ETF launch and the upcoming halving event are poised to drive BTC prices bullish and SOL is well positioned to capitalize on the rally.</p>