BTC68,695.39 USD▲ 0.07%
LTC54.61 USD▲ 0.24%
XRP1.36 USD▲ 0.03%
DOGE0.0919 USD▲ 0.02%
ETH2,059.31 USD▲ 0.04%
ETC8.20 USD▼ -0.03%
BCH462.36 USD▲ 0.11%
BNB628.30 USD▲ 0.08%
TRX0.3113 USD▲ 0.04%
SOL86.31 USD▲ 0.06%
KAS0.0360 USD▲ 0.06%

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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