Solana has established itself as one of the fastest and most efficient blockchains in the crypto ecosystem, processing around 1,500 transactions per second (tps). This performance has allowed its main decentralized exchange (DEX), Jupiter, to compete directly with giants such as Uniswap. In addition, its flagship wallet, Phantom, has a user base exceeding 7 million, reflecting the growing adoption of its infrastructure.
Despite its low fees, developers believe that transactions on Solana can still be made cheaper. In response, an update called Firedancer is being prepared, which promises to increase the network's capacity to 1 million tps, positioning Solana at the forefront of blockchain scalability.