Micellar solubilization offers several advantages: 1. Enhanced Solubility: Hydrophobic molecules that are otherwise poorly soluble in water can be readily solubilized. 2. Stability: Micelles can protect encapsulated substances from degradation. 3. Controlled Release: The release of encapsulated molecules can be finely tuned. 4. Targeted Delivery: Surface modification of micelles allows for targeted delivery to specific cells or tissues.