Understanding Solana
The Solana Ecosystem
Discover the growing Solana ecosystem, including popular projects, DeFi platforms, and NFTs built on Solana.
1. Decentralized Finance (DeFi)
Solana has become a major hub for DeFi platforms, offering fast, low-cost transactions that make it easier to build decentralized finance applications. Protocols for swapping, liquidity provision, lending, and perpetuals all benefit from sub-second finality and low fees.
2. Non-Fungible Tokens (NFTs)
The NFT space on Solana enables creators and communities to mint, trade, and build utility around digital assets with minimal fees. Lower costs open up experimentation, frequent drops, and richer on-chain experiences for artists and collectors.
3. Gaming and Web3
High throughput and low latency make Solana a strong fit for on-chain gaming, asset ownership, and real-time interactions. Projects leverage fast settlement for seamless gameplay loops and marketplace actions.
4. Ecosystem Growth
The Solana ecosystem continues to expand, drawing builders worldwide. With developer tooling, grants, and community support, new apps, infra, and services are launched frequently—spanning finance, commerce, identity, social, and more.
Summary
From DeFi and NFTs to gaming and Web3, Solana’s low fees and speed enable rich, user-friendly on-chain experiences—making it an appealing platform for developers and users alike.
What’s Next?
In the next lesson, we’ll dive into staking and earning on Solana—how to delegate, choose validators, and compound rewards safely.
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