Why have markets recently been favoring the SOL chain for memes instead of the ETH chain?
1. The price of ETH has been persistently low
2. The gas fees on the ETH chain are too high, with transaction fees reaching tens of dollars
3. Projects on the ETH chain are either bundled at the bottom or have tax farmers, along with various delayed schemes
Now let's talk about SOL
1. The price of SOL has been continuously rising, and with Binance recently listing coins on the SOL chain, the price, popularity, and funds are forming a positive cycle.
2. Transactions on the SOL chain are smooth with low gas fees. Although there are conspiracies and serious PvP issues, the playability is much higher than the current ETH chain, and there are more hot topics, making it easier to attract new funds into the market
This round of the bull market feels like it revolves around Trump + Musk + memes as the main theme.
