๐Ÿš€ **Crypto News Flash: Solana vs Ethereum โ€“ The Backbone Debate!** ๐Ÿš€

- **Solanaโ€™s Shift**: Initially marketed as a single-chain solution, Solana now embraces Layer 2 (L2) solutions, rebranding them as โ€œNetwork Extensions.โ€

- **Ethereumโ€™s Edge**: Ethereum community member Ryan Berckmans argues that Ethereumโ€™s L2 strategy makes it the true backbone of the global financial system.

- **Barriers for Solana**:

- Single production client

- High bandwidth needs (10Gbps)

- History of outages

- Economic centralization concerns

- **Market Trends**: Major corporations like Coinbase and Visa favor Ethereum L2 solutions, indicating a market shift.

๐Ÿ’ฌ **What do you think? Can Solana overcome these challenges? Share your thoughts below!** ๐Ÿ’ฌ