📈Solana’s network revenue just hit $8.7M on Oct. 23, smashing its own record from the day before! From base fees to tips, Solana’s raking it in.
🧐We know we keep talking about Solana, but seriously it has become a huge competitor to Ethereum since 2023, outperforming it by 600%. It’s hard to notice when Ethereum’s price is almost x10 of Solana’s, but that’s the fact.
💯Just last week, Solana’s decentralised exchange Raydium beat Ethereum in 24 hour revenue by $65k. Someone could argue that even Bitcoin costs more than that, what’s the big deal? But Solana has been doing it for months now.
😎Celebs have been trading a lot in Solana’s network, so it’s not anything out of the ordinary to see it driving higher and higher.