TL;DR
Full Story
July is officially over (can you believe it??) which means we can now take a backwards look at what happened in the crypto markets last month.
Today we’re going to focus on a battle that’s as old as t…
Well it’s actually only a bit over four years old – but in crypto years, that’s a long time.
We’re talking about Ethereum vs. Solana!
(Specifically, the amount of usage of DEX’s built on Ethereum compared to those built in Solana).
For the first time ever, Solana beat out Ethereum in terms of overall trading volume for the month (see header image 👆).
Which is interesting in itself – but what’s more interesting is why this might be the case.
Ultimately it comes down to three main things:
-
Branding! Seriously, if Twitter is anything to go by, the number of times we’ve heard people talking about Solana as a ‘fun’ blockchain to build on is straight up weird.
-
Meme coins. The undisputed champion of the current cycle’s narrative so far are meme coins.
Those developed on the cheaper blockchain options (Solana and Base) have blown up, while classic NFT projects like Bored Apes built on Ethereum have tumbled in value and trade volume.
-
Finally: cost, community and creativity. The more the web3 industry matures, the less people seem to be willing to spend money on gas fees.
Solana is not only 100-1000 times cheaper for gas (transaction) fees over Ethereum (depending on network congestion), these days Solana really doesn’t have any less functionality than Ethereum either.
Plus, the way Solana has bridged the gap between the developer community and the users is something to admire.
While this seems like an ad for the Solana blockchain – it’s not!
Both Ethereum and Solana have their unique place in the web3 ecosystem.
But data don’t lie!
And based on the current trajectory, when we extrapolate this data out a few weeks, months or years, it looks like Ethereum could be in for a rough ride.
Let’s see how things pan out!
can i purchase generic clomiphene prices can i buy clomiphene generic clomid c10m1d clomid generico where to buy generic clomiphene without prescription where can i get cheap clomiphene without prescription order generic clomid online
I couldn’t hold back commenting. Well written!
The thoroughness in this draft is noteworthy.
zithromax usa – order tetracycline 250mg sale order metronidazole without prescription
semaglutide 14 mg over the counter – brand cyproheptadine 4 mg cyproheptadine oral
buy motilium cheap – sumycin brand cyclobenzaprine over the counter
inderal 10mg price – generic plavix 75mg methotrexate 5mg cost
buy amoxil tablets – buy generic diovan over the counter buy generic combivent for sale
esomeprazole tablet – https://anexamate.com/ nexium 20mg canada
mobic brand – swelling meloxicam medication
order prednisone 10mg sale – corticosteroid buy prednisone 5mg generic
top ed pills – https://fastedtotake.com/ fda approved over the counter ed pills
buy amoxil without a prescription – https://combamoxi.com/ how to get amoxicillin without a prescription
order fluconazole sale – on this site diflucan order online
buy cenforce 50mg online – cenforcers.com cenforce 100mg price
how much does cialis cost at cvs – https://ciltadgn.com/# cialis 5mg cost per pill
purchase zantac sale – https://aranitidine.com/ buy ranitidine without a prescription
cialis professional – strongtadafl cialis black 800 mg pill house
I’ll certainly bring to read more. clomid farmacia espaГ±ola
where can i buy viagra in london – https://strongvpls.com/# do not order mexican viagra
This website exceedingly has all of the low-down and facts I needed adjacent to this thesis and didn’t identify who to ask. https://buyfastonl.com/
I am actually thrilled to coup d’oeil at this blog posts which consists of tons of useful facts, thanks for providing such data. https://ursxdol.com/clomid-for-sale-50-mg/
Thanks on putting this up. It’s understandably done. https://prohnrg.com/product/cytotec-online/
This website absolutely has all of the low-down and facts I needed adjacent to this subject and didn’t comprehend who to ask. ordonnance pour cialis professional
Proof blog you possess here.. It’s hard to on great quality script like yours these days. I truly respect individuals like you! Take guardianship!! https://ondactone.com/simvastatin/
Thanks recompense sharing. It’s first quality. http://iawbs.com/home.php?mod=space&uid=915030
where can i buy forxiga – https://janozin.com/ forxiga over the counter