Solana has long been considered as a potential “Ethereum killer”. The recent metrics indicate that this statement might be closer to reality than ever before. We begin with July 29, when SOL made headlines by flipping Binance Coin (BNB) and increasing to a total market capitalization of $85 billion. This makes it the fourth largest cryptocurrency in the market.
Solana’s DEX trading volume also hit record high, increasing to $2 billion, and then surging to $3.09 billion during a 24 hour period. This 50% increase overtook both Ethereum and Binance Smart Chain, demonstrating the growing popularity of this platform among the traders.
Moreover, Solana exceeded Ethereum in total transaction fees and Miner Extractable Value or MEV tips on a weekly timeframe for the first time. Solana generated $25 million in transactional fees. Ethereum on the other hand generated only $21 million at the same time.
Solana’s market growth is further boosted by the fact that during a recent 24 hour peri
We współpracy z: https://coingape.com/blog/solana-the-cryptocurrency-of-future/
