SOL is the first token that crypto market maker GSR has gone long on
Crypto market maker GSR said that Solana's market demand and decentralization enabled it to join the spot ETF market for Bitcoin and Ethereum. It is reported that SOL is the first token that crypto market maker GSR has gone long on. GSR also listed three core reasons why Solana technology gives it a competitive advantage:
1. First is Solana's historical proof, which enables validators to generate blocks when it is their turn without the network first agreeing on the current block, bringing huge speed and scalability advantages.
2. Solana enables parallel transaction processing, which can not only significantly increase throughput, but also improve computing speed.
3. GSR pointed out that Solana has historically had high requirements for hardware and bandwidth, optimizing speed and security at the expense of decentralization. (TheBlock)