According to BlockBeats, on September 19, BlockBeats reporter reported on the scene that Kyle Samani, co-founder and managing partner of Multicoin Capital, attended the roundtable discussion on the theme of "Why SOL Will Flip ETH" on the first day of the TOKEN2049 main venue and said:
Blockchain is a financial system, and on-chain transactions are the most important metric in blockchain. There were times in the past year when Solana’s on-chain transaction volume was higher than Ethereum’s, and there were weeks when it was lower than Ethereum’s, but today Solana is roughly on par with Ethereum in terms of on-chain transaction volume.
In terms of total validator fees paid to Ethereum and Solana holders in their respective systems, some weeks Ethereum has more revenue and some weeks Solana has more revenue. These metrics are now largely evenly matched as well.
