Solana beats Ethereum, Tron, other L1s on this front
Ethereum Solana beats Ethereum, Tron, other L1s on this front Balita ng Ethereum ng Bitcoin Out of all the top Layer-one (L1) blockchains, only Solana [SOL] registered an increase across all metrics. AMBCrypto confirmed this after a proper examination of a post put out by The Block Research. According to the data provided, other L1s like Ethereum [ETH] and Tron [TRX] had major upticks in terms of stablecoin supply. Solana was also not exempt, suggesting a surging interest in the crypto market. Besides interest, the increase in stablecoin supply on different blockchains implied that market participants were armed with enough buying power to foster widespread price increases. But when it comes to daily transactions, fees, and demand for their respective tokens, Solana outpaced both Ethereum and Tron. 3/ A decrease in inscription activity caused declines in daily transactions, user counts, and fees for most chains, except Solana, which maintained consistent demand across all key metrics. pic.twitter.com/ZkkIbqQyYd — The Block Pro (@TheBlockPro__) Pebrero 14, 2024 Solanas thriving season is not over Outperforming these L1s was a sign that the market was interested in SOL and tokens in its ecosystem. The reason for this could be connected to the price performance. At press time, SOL changed hands at $115.91. This was a 98.47% 30-day






