Why was Solana chosen as the blockchain for the RENT?

Learn why Solana’s speed, low fees, and scalability make it the ideal blockchain for hosting RentFi’s global real estate investment platform.

Written by RentFi Team

Updated 9 months ago

Why Solana Powers RentFi

RentFi chose Solana as its blockchain infrastructure for the following reasons:

Exceptional Performance:
- Solana processes up to 65,000 transactions per second (TPS), enabling fast and seamless RENT trades, income distributions, and liquidity operations.
Ultra-Low Transaction Fees:
- With fees as low as $0.00025 per transaction, Solana minimizes costs for token holders, ensuring efficient and frictionless operations.
Global Accessibility:
- Solana’s decentralized network allows anyone, anywhere, to participate in RentFi, breaking down geographic and financial barriers.
Scalable Architecture:
- Solana handles rapid transaction growth while maintaining speed and stability, supporting RentFi’s portfolio and user base expansion.
Robust Ecosystem Integration:
- Platforms like Raydium enable instant RENT trading, while wallets such as Phantom and Trust Wallet provide secure and intuitive token management.

By leveraging Solana’s unparalleled speed, low fees, and scalability, RentFi ensures:

Fast Token Transactions: Smooth, reliable, and affordable RENT trading.
Efficient Income Distributions: Monthly rental income is distributed seamlessly.
Global Participation: Investors worldwide can join RentFi without high costs or congestion issues.

Did this answer your question?