According to TechFlow, the Solana network may soon surpass the Ethereum network in transaction fees, which could be a major development for Solana’s status as the so-called “Ethereum killer.”

Solana could surpass Ethereum’s transaction fees this month or even this week, according to Dan Smith, senior research analyst at Blockworks, who wrote in a post on May 7. In addition, Solana’s $2.8 million TEV was close to Ethereum’s $3.1 million TEV on May 7, showing its potential to compete with Ethereum.