@Solana Official $SOL has taken advantage of fast and cheap transactions during memecoin season, but we've witnessed network congestion due to high activity. Now, the total transfer value on Solana has dropped.
$NEAR (Layer-1) has the power to handle high network activity. Chain abstraction & dApps support will fuel its growth.
Here are some stats:
- Daily transactions: 8M* - Current TPS: Up to 150 - Active Addresses: 1.9M* - Txn. Fee: 0.0004 NEAR - Daily Unique Active Acc: 400K - Approx. 50% token staked
Base is Rising, #Ethereum is losing its dominance in creating new tokens for DEXes✨
Ethereum has lost its dominance in new token creation that appearing on DEXes. Seeing a lot of changes in how people make and trade tokens on decentralized exchanges.
Ethereum used to be big, but now people want cheaper and faster transactions. Here's what's happening:
➜ Solana initially gained popularity due to meme tokens, with DEX-based trading reaching 62% (now 27%).
➜ Now more new DEX-based tokens are showing up on Base (Layer-2).
➜ BNB is also losing value (down 11%).
With these fast-changing trends, it'll be interesting to see who challenges Base's dominance next.