This summary text is fully AI-generated and may therefore contain errors or be incomplete.
Solana has recently surpassed Ethereum in weekly transaction fees, prompting the Ethereum community to reassess its strategies.
Solana’s Transaction Fee Superiority
Despite Ethereum’s layer 2 (L2) protocols contributing an additional $2.5 million to its total transaction fees, Solana still outpaces its rival. This has led to concerns within the Ethereum community about Solana potentially outcompeting Ethereum in real-world adoption.
The controversy surrounding maximum extractable value (MEV) has also become a focal point in the competition between the two blockchains, raising questions about the integrity of blockchain transactions.
9th Anniversary of Ethereum
Today marks the 9th anniversary of Ethereum, highlighting its significant milestone in the blockchain space, while the rise of Solana and other emerging blockchains exemplifies the escalating competition in the market.
📎 Read the original article on cybernews.com
