If there’s anything that the cryptocurrency sector has an abundance of, it’s blockchain networks you can invest in via their native tokens. If you’re looking for altcoins, you might be tempted to go with Ethereum, which is the second biggest blockchain and token in the world. However, you might find that Solana provides a better option for you, both in terms of current features and future price trajectory.
Solana is part of a category of cryptos called ‘Ethereum Killers’ as they were specifically designed to improve on some of the perceived flaws of Ethereum. In this article, we’ll touch on some of the benefits of Solana.
Its Use For Meme Coins
When you buy into any crypto, you want to make sure that it has viable use cases. One of Solana’s biggest strengths is that it is the go-to blockchain for the creation of meme coins. Meme coins are cryptocurrencies that are based on memes, pop culture, and other lore. While they might seem silly, meme coins are one of the most valuable types of cryptos on the market, with their popularity only soaring over time. It is also worth noting that a huge percentage of meme coins are built on the Solana blockchain.
As Ines S. Tavares writes, the best Solana meme coins have seen rapid market growth, and this is only going to increase over time. This means that as meme coins become more popular, demand for the Solana blockchain will also increase. This, in turn, means that the value of Solana as a cryptocurrency is only going to rise with time. As such, it is a high potential investment.
Speed
While Ethereum is one of the most popular blockchains in the world, one of its biggest criticisms has been its speed. As of this article, the Ethereum blockchain can process between 15 and 20 transactions per second. While this is decent, and the blockchain has certainly seen a lot of progress, it pales in comparison to Solana.
The Solana blockchain processes up to 4,000 transactions per second, blowing Ethereum out of the water. This all goes beyond the vanity metric as having higher speed means that more blockchain and crypto project developers will turn to Solana for their needs. This, in turn, means that Solana as a cryptocurrency has high growth potential moving into the future. This speed is thanks to the combination of both a proof-of-stake and proof-of-history consensus that the blockchain leverages.
It Brings in More Fees
One way to tell the progression of a blockchain network is to consider the amount of money it brings in as fees. When network users leverage the blockchain for various purposes, they pay fees towards it, and thus, it shows how high in demand the blockchain is. In 2021, Ethereum reached its peak of $1.8 billion in fees in a single month. Since then, it has seen a decline, bringing in about $46 million in fees in February 2025.
For comparison, Solana brought in $80 million in February 2025, showing that it is beating out Ethereum in terms of fees. This indicates, first, that more developers are turning towards Solana compared to Ethereum. On top of this, it means that Solana can offer more short-term profits for investors and, if it keeps up its current trajectory, even more future profits.
Growth Potential
A lot of Ethereum advocates will highlight the fact that the blockchain and token are more established within the market. And while Ethereum as a network is the backbone for several subindustries of blockchain and the token has done well, Solana has much growth ahead of it.
For example, Franklin Templeton recently filed to launch an ETF for Solana. If this goes through, Solana will join the ranks of Bitcoin and Ethereum, which already hold spot ETFs in the United States. Given the price benefits that both tokens saw from their ETFs, we can expect the same for Solana. No longer will Ethereum have that edge over the network, but instead, a whole new wave of investors will be exposed to what Solana can do.
We also need to look at the rise of other subindustries attached to Solana. We’ve already touched on meme coins, but another thing to consider is NFTs. While Ethereum has cornered the NFT market to a degree, the use of Ethereum for these assets has become more prominent. The NFT sector saw a significant decline post-2021, but this year, it is staging a comeback of sorts. A resurgence in NFTs will mean that Solana will be turned to for their development. This is doubly true because Solana has so much scale and speed.
Security
When a blockchain is being used on a massive scale, with billions of dollars on the line, security is of the highest importance. Luckily, Solana is considered one of the most secure blockchain networks in the industry. This is thanks to a combination of its proof-of-stake and proof-of-history consensus. On top of this, the network is backed by independent validators, cryptographic algorithms, and periodic security audits. This is unlike any of its competitors and helps it to stand out in the market. As cryptocurrency and blockchain become more mainstream, newer investors will likely turn to Solana to mitigate the risks of investing in the asset class.
Conclusion
While Ethereum is the more established and perhaps the shinier blockchain, Solana is one of the most solid offerings in the industry. From its speed that blows competition out of the water to its amazing security to its links to both the blockchain and NFT sectors, Solana has use cases and potential beyond belief.
Of course, anyone looking to invest in Solana should do so with care. No matter how promising the blockchain is, you should only invest as much money as you are willing to lose on the tokens. On top of this, crypto investors are always advised to diversify their investments across many tokens and continuously watch and inform themselves of the market.
