🚀 Solana Surges: SOL has rallied 70% against Ethereum in 2024, emerging as a strong contender. On-chain metrics show Solana's dominance in DEX volume and protocol revenue, hitting an all-time high against ETH.
📊 Key Insights:
- Solana's protocol fees nearly double Ethereum's.
- DEX volume for Solana is twice that of Ethereum.
- New stablecoins on Solana could boost its ecosystem.
💡 Implications: Solana's rise may impact crypto portfolios, especially those holding meme coins. Will Solana flip Ethereum? Share your thoughts in the comments!