BTC68,809.22 USD▼ -0.26%
LTC54.66 USD▼ -0.32%
XRP1.36 USD▼ -0.35%
DOGE0.0920 USD▼ -0.43%
ETH2,062.89 USD▼ -0.41%
ETC8.23 USD▲ 0.13%
BCH461.19 USD▼ -0.03%
BNB629.19 USD▼ -0.23%
TRX0.3112 USD▲ 0.09%
SOL86.70 USD▲ 0.04%
KAS0.0360 USD▲ 0.03%

Solana Could Hit $330 and Take 50% of Ethereum Market

Thanks to its monolithic structure, Solana is able to process thousands of transactions per second, which is 3000% more than Ethereum, and the number of daily active users is 1300% higher. Solana network transaction fees are almost 5 million times cheaper.

The study notes that Solana has a significant advantage over Ethereum in payments and transfers, especially for stablecoins. However, institutional investors are not yet in a hurry to switch from ETH to the younger Solana.

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