@mysticechoes
Solana ($SOL) has been on fire lately—faster transactions, lower fees, and growing developer activity. But can it really challenge Ethereum ($ETH)?
✅ Solana’s strengths:
High-speed transactions (~400ms finality)
Near-zero fees
Strong ecosystem growth (DeFi, NFTs, memecoins)
❌ Challenges vs. Ethereum:
Ethereum has a larger network effect
Layer 2s are closing the gap on fees
Institutional preference still leans towards ETH
While Solana is thriving, Ethereum remains the king of DeFi. Can Solana overtake ETH, or is this just another hype cycle?