SOL’s later forecast

In this bull market, the SOL public chain has performed exceptionally well, so Sol, which was dubbed the Ether Killer in its early days, is once again active in the eyes of block practitioners. So can SOL surpass ETH and become the king of the new generation of public chains? Both SOL and ETH are important blockchain platforms hosting a large number of applications. However, Ethereum is currently the most popular because it has a more transparent and complex DEP ecosystem. Although SOL is known as a competitor to Ethereum, there are significant differences between the two. Generally speaking, it can be summarized as follows:

1. Consensus mechanism. Ethereum relies on the Pai consensus mechanism, and after the use of sol, Ethereum is being upgraded to a POS consensus mechanism. Sol's consensus mechanism is stateless, which helps reduce memory consumption and improve scalability.

2. Transaction costs. Sol is famous for its low transaction fees, while the transaction fees of Ether are much higher than that of Sol. The gas cost of Ether is higher, while the gas cost of Sol is very low.

3. Transaction speed. Salllana is currently one of the fastest blockchains and can handle more than 50,000 TPS, while Ethereum’s TPS is lower, although it is expected to reach higher levels after upgrades.

4. Network scale Ethereum is the largest network that supports smart contracts. Defi’s TVL is as high as US$53.2 billion, which is much higher than SOL’s US$2.54 billion. SOL is working hard to expand its user and developer base, but is currently small.

5. Market capitalization Ether is the second largest cryptocurrency by market capitalization, much higher than SOL, which ranks fourth in market capitalization and has a lower market capitalization.

6. DeFi Ecosystem Ethereum has a larger and more diverse DeFi ecosystem, attracting many applications and users. sol’s DeFi ecosystem is still developing, but some Dapps have begun to attract users.

7. NFT Ethereum is one of the important platforms in the NFT field and has rich NFT markets and applications. Although new to the NFT space, SOL is growing rapidly and its NFTs are easier to access and purchase. While Ethereum achieves immutability, self-control and censorship resistance, at least in theory, and charges users a high premium accordingly, SOL is cheap and passes the cost of security to validators and Dapp providers. So generally come. SOL's Dapps will be more difficult to gain trust from their teams. In theory, the economies of scale effect of SOL verification should be at least greater than that of Ethereum-proof validators.#SOL🔥🔥🔥🔥