US Hedge Fund Recognizes Solana As ‘Mac OS’ Of Blockchains, Here’s Why

In a brand new report, US-based hedge fund Pantera Capital has posited Solana because the ‘Mac OS’ of blockchains, paralleling its developmental technique and potential influence to that of Apple’s famend working system. Authored by Franklin Bi, Cosmo Jiang and Eric Wallach, the report delves deep into the structural dynamics and strategic positioning of blockchains throughout the tech business.

The report begins by addressing a standard question in regards to the future panorama of blockchain expertise: “How many blockchains must exist?” Quite than specializing in the quantity, the Pantera staff suggests a special perspective: “What is the least number of blockchains needed to reach the technology’s full potential?” This strategy goals to know the important traits that can enable sure blockchains to dominate the market.

The analogy to historic tech oligopolies is robust. “Historically, developer-facing technologies have converged around a small number of dominant players – typically oligopolies of two or three, each with a distinct approach catering to different developer preferences.” It attracts on examples from the evolution of working techniques, gaming consoles, and cellular platforms to foretell an analogous trajectory for blockchains.

Why Solana Stands Out

In line with the Pantera Capital staff, Solana is rising as a formidable contender within the blockchain area, akin to Apple in the course of the rise of non-public computing. “The shift is reminiscent of Microsoft’s dominance of the early desktop computer market, until Apple broke through with its vertically integrated approach,” the report notes, suggesting that Solana’s built-in and monolithic structure may give it an analogous aggressive edge.

The report elaborates on a number of benefits of SOL’s structure. First, Solana’s cohesive blockchain design avoids the complexities of bridging a number of chains, which simplifies each growth and consumer interplay.

By controlling its whole stack, the challenge can shortly iterate and implement upgrades, a vital issue within the fast-paced blockchain surroundings. Third, the lowered dependency on exterior elements and a simplified structure lower potential failure factors, enhancing the general stability and safety of the platform.

The authors additionally spotlight particular purposes that showcase Solana’s capabilities and its influence on each builders and end-users. DRiP, a platform for distributing free collectibles, exemplifies how Solana’s excessive throughput and low transaction prices facilitate large, cost-effective distributions of NFTs.

Equally, Hivemapper leverages Solana’s effectivity to course of massive volumes of geographic knowledge collected from drones and dashcams, offering real-time, decentralized mapping options that might problem established companies like Google Maps.

The report additionally underscores the blockchain’s development metrics: “Solana’s unique active addresses have skyrocketed […] showcasing the platform’s staggering growth in user activity,” additional supported by knowledge illustrating a surge in transaction charges and decentralized change volumes, which point out sturdy and rising demand for SOL’s choices.

Concluding their evaluation, the Pantera staff expresses robust confidence in Solana’s future trajectory. “As more developers recognize the advantages of building on Solana, we can expect to see a growing number of innovative projects that capitalize on its high-performance blockchain,” they predict. This sentiment is bolstered by a sturdy developer ecosystem and a vibrant neighborhood, that are seen as essential to the flexibility to outpace opponents and obtain sustained development and relevance.

At press time, SOL traded at $123.90.

Solana drops under the 0.5 Fib, 1-week chart | Supply: SOLUSD on

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