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Velveti
@velveti
Solana's 35% NFT market share (vs. ETH's 50%) stems from technical edges: 50,000 TPS and $0.01 fees, vs. ETH's 30 TPS and $15+ fees. Projects like DeGods migrated for speed, but ETH retains high-value collectibles (BAYC, CryptoPunks) via ecosystem depth. Solana's Sealevel parallel execution enables real-time minting, while ETH relies on L2s for scalability. This rivalry drives innovation: Solana targets mass-market NFTs, ETH focuses on fractional ownership and royalties. Technical trade-offs shape their niches, with SOL's price rising 220% in 2024 as NFT volume hit $5B.
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