Solana: Here's their plan to conquer millions of users

Anatoly Yakovenko, the creator of Solana, was recently interviewed on Token Terminal’s YouTube channel. It was an opportunity for him to discuss the great capabilities of his blockchain. He declared that Ethereum’s rival could meet global demands.

Here’s what Solana (SOL) is missing for global adoption

Earlier this month, Anatoly Yakovenko argued that Solana remains strong despite the FTX case. Now, he declares that Ethereum’s rival is capable of meeting the needs of hundreds of millions of users. Solana could thus handle global blockchain requirements. Yakovenko supported that he sees this blockchain “handling all the world’s needs.”

The founder explained: “because when you look at today’s bandwidth infrastructure around data centers, the one gigabit is the free tier. You get a box, they give you one gigabit for free and it costs less than a dollar per terabyte of egress right now, so bandwidth is ridiculously cheap right now.”

He added: “Every two years there’s a new generation, so from my perspective, I think we can already handle hundreds of millions of users and we have an abundance of capacity.” However, Yakovenko acknowledges that Ethereum’s rival does not yet have the necessary applications for global adoption. He indicated: “We don’t have the applications to actually attract those users yet.”

Yakovenko cited some growth engines that could promote the adoption of the blockchain by a larger number of people. He notably talked about the Helium IoT device network that recently successfully migrated to the Solana blockchain. He also mentioned the Hivemapper platform, which is a decentralized map-building tool.

“Helium created close to a million IoT (Internet of Things) hot spots, that’s really cool. Think about virtual tokens moving around between people with cryptography impacting the physical world. There’s literally a close to a million antennas generated from that, and they’re going to attempt to do the same thing with 5G,” explained the creator of Solana.

Solana has launched several major projects since the beginning of the year. There was notably the launch of a carbon emissions’ tracker. However, the SOL token is currently trading around $21.