cryptojournalist
Overview of Web3 Investments
The Web3 ecosystem now includes over 1,000 projects with a market cap above $50 billion, according to MV Global, reflecting steady growth in decentralized technology ventures.
Solana’s Low-Cost Edge for DePIN
Solana’s $0.00064 median transaction fee has made it a top choice for DePIN (Decentralized Physical Infrastructure Networks), which include notable projects like Helium, io.net, and Render.
Solana’s Technology and the Firedancer Upgrade
MV Capital analyst Johannes Fuchs credits Solana’s efficient “parallel processing architecture” and low transaction costs for its popularity. Fuchs also mentioned that the upcoming Firedancer upgrade will further position Solana as the go-to network for DePIN projects.
Footnote: DePIN projects involve decentralized networks managing real-world infrastructure, like communication networks.
