@fengjianchen
SOL’s highlight is speed, with a TPS as high as 65,000, while ETH (even with L2) is only in the thousands. Speed is an advantage, but DeFi isn’t just about racing. SOL’s high throughput comes at the cost of centralization—validator hardware requirements are steep, with just over 2,000 nodes, compared to ETH’s over 100,000
The core demand of DeFi is safety. Neither project teams nor users would choose a chain that “runs fast but often crashes or gets shut down,” right?
In terms of economic models, ETH’s EIP-1559 and PoS transition make inflation manageable, and though gas fees are high, they reflect real demand. SOL’s inflation rate exceeds 5%, posing a greater dilution risk. SOL’s real stage is meme coins—Bonk, WIF, and others thrive on low-cost, high-frequency trading, hyped by retail investors. But that’s a different world from DeFi’s complex financial logic