Solana’s proof-of-history system enables fast, low-cost transactions, but it still trails Ethereum in DeFi. A potential spot ETF approval could boost Solana’s growth. The crypto market downturn has seen Solana drop from $250 to around $180. Despite the price drop, Solana remains efficient, processing 1,000 transactions per second with fees under $0.01.

Solana’s performance during a recent flash crash showcased its high activity capabilities. However, it still lags behind Ethereum in DeFi TVL, with $11 billion compared to Ethereum’s $83 billion. Solana’s efficiency and potential ETF approval could attract more investments, even though Ethereum dominates the market. Investors should consider the risks before buying SOL tokens.

Read more at Yahoo Finance: Should You Buy Solana While It’s Under $200?