While Ethereum continues to dominate all blockchains in the industry except Bitcoin, it has started to lose some market share to competitors like Solana.

- VanEck’s research division MarketVector has taken an in-depth look at the struggle between the two layer-1 giants.

- Solana is far ahead of Ethereum in transaction count, daily active users, and transaction fees.

- However, Ethereum is ahead in total value locked (TVL) and institutional adoption.

🔍 Solana has high potential, but institutional investors are currently choosing Ethereum.

- MarketVector predicts that if Solana continues its current performance, its market value could reach 50% of Ethereum. In this case, SOL could reach $330. 🚀