Ethereum’s price struggles come as the network grapples with significant challenges. Data from TokenTerminal data shows that Ethereum is no longer the most profitable network.
So far this year, Ethereum has generated $155 million in fees, falling behind Circle, which has earned $169 million. Meanwhile, $SOL , Tron, $JTO , and Tethar have posted $261 million, $294 million, $303 million, and $414 million in fees, respectively.
Ethereum has also lost its long-held dominance in the #decentralized exchange sector. Over the past seven days, decentralized exchanges built on Ethereum processed nearly $20 billion in transactions—lower than BNB Chain’s $25.7 billion and Solana’s $42 billion. 
$TRX has also surpassed Ethereum in stablecoin transaction volume, primarily due to its lower transaction fees.

The Solana blockchain, known for its fast transactions, has once again come under scrutiny due to serious performance issues.

Previously plagued by reliability problems, the network is now being criticized for its high transaction failure rate.
The Platform Analyst X company has drawn attention to serious problems. Solana's failed transaction rate is alarmingly high, affecting the user experience and undermining the network's virtues such as low fees and scalability: according to #Jupiter , a #decentralized exchange on #Solana , only 35% of daily transactions are successful and 65% remain unprocessed.
If you look at the situation over the course of a month, the problem becomes even more severe. On some days, the failure rate exceeds 80%, which means that only two out of ten transactions are completed.
Despite the high transaction rate, Solana's numbers are misleading because failed transactions are equated with successful ones. This overstates the network's performance statistics and misrepresents its capabilities. Users are charged for all transactions, including failed transactions, which degrades the user experience and increases unnecessary costs.
The prevalence of failed transactions, compounded by bots spamming the network with low fee transactions, may discourage large financial institutions such as Visa from implementing Solana. The unreliability of the network may make traditional users hesitant to switch from more stable payment systems.
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Binance Farming is a system that allows users to earn profits by locking their cryptocurrencies in their wallets beforehand. Considered one of the advantages of #decentralized finance (DeFi), #Binance Farming enables users to generate additional cryptocurrency from their existing holdings.

Exploring Yield Farming and Binance Farming

DeFi projects, devoid of central control, offer numerous benefits to users, one of which is the "yield farming" system. In simple terms, yield farming involves users #staking their crypto assets to earn profits. "Staking" refers to holding your cryptocurrencies in special wallets to earn rewards.

Yield farming allows users to stake their crypto holdings, adopting certain strategies. Binance, a prominent cryptocurrency exchange, also offers users the opportunity for farming. This concept has been termed "Binance farming" among crypto enthusiasts. Unlike various platforms where yield farming can take place, Binance farming is exclusive to the Binance exchange. This simplicity and user-friendliness distinguish the process.

How Does Binance Farming Work?

Upon understanding the question "What is Binance farming?", you might wonder about its operation. Binance exchange goes beyond facilitating crypto trading; it extends its services to various domains, including farming. Users can participate in farming activities, earning passive income from the crypto assets they hold in their wallets. Binance also presents users with investment options of varying risks and returns. The platform facilitating farming on Binance is known as Launchpool.

To generate secure and passive income from your crypto holdings, you can engage in farming activities on Binance. Understanding and exploring the advantages of Binance farming is possible through concrete examples. For instance, let's consider the Bella Protocol (BEL) project that was introduced to users in 2020.

Bella Protocol, the inaugural project on Binance's Launchpool platform, offered users the opportunity for farming. This project serves as an illustrative example of Binance farming. Users staked fixed-price crypto assets, earning rewards in BEL tokens. This process is known as "farming" and is automated within the Binance farming ecosystem.

#yieldfarming