Will It Compete with Solana? Earned $696,000 for Investors in Two Days

A crypto investor has earned nearly $700,000 in just two days by investing in an Ethereum-based project.

According to Etherscan records, an investor named frenulum.eth spent just 2.05 ETH ($5,100) to buy a total of 52,822 VISTA. The investor sold them for 276.5 ETH ($701,800) two days later. Thus, he multiplied his money by 134 in two days and earned $696,700.

Ethereum's answer to Solana?

VISTA is the Ethervista platform's own token. Ethervista is used as a decentralized market maker (AMM) in the Ethereum ecosystem. Crypto followers say that Ethervista will be to the Ethereum ecosystem what Pump.fun is to the Solana ecosystem.

According to Cryptotrissy, one of the most important features of Ethervista is that the liquidity provided to the pool is locked for 5 days. Most rug pull cases in the market occur within 2-4 days.

Thanks to this locking mechanism, token developers cannot withdraw liquidity before other liquidity providers, which increases the sense of trust.

Another feature of Ethervista is its transaction fee structure. Unlike many AMMs, Ethervista charges transaction fees in ETH for each swap transaction and distributes them to liquidity providers and token developers as an incentive.