đ Solana: The New Challenger to Ethereum? đ
- Swiss crypto bank Sygnum says Solana could give Ethereum a run for its money with real-world asset tokenization and stablecoins.
- Even conservative institutions are eyeing Solana's scalability over Ethereum's stability.
- PayPal execs and Visa are already on board, praising Solana's "high throughput" and "low costs."
- Franklin Templeton and Citi are also considering Solana for their financial ventures.
- Despite the hype, Solana's market cap is still dwarfed by Ethereum's $218 billion lead.
- Critics like Edward Snowden warn about Solana's centralization risks.
- Ethereum still dominates with 81% market share in tokenization, but Solana's price is up 300% YoY.
- Sygnum believes Ethereum's economic activity makes it more relatable for traditional investors.