Ethereum

Solana

Marinade

Step Finance

Daily

<h4><strong>This trend underscores Solana’s increasing influence and potential to reshape the cryptocurrency landscape.</strong></h4> 
<p><a href="https://app.artemis.xyz/chains" target="_blank" rel="noopener">Solana’s rise in daily active addresses</a> can be attributed to its unique architectural advantages. These include faster transaction speeds and lower costs compared to Bitcoin and Ethereum.</p> 
<h5><strong>Solana’s Technical Edge Boosts User Activity</strong></h5> 
<p>Solana has carved out a niche by focusing on scalability and performance. This has made it increasingly attractive for developers and users alike who are looking for efficient and cost-effective blockchain solutions.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> BREAKING: <a href="https://twitter.com/solana?ref_src=twsrc%5Etfw">@solana</a> continues to dominate Bitcoin and Ethereum in Daily Active Addresses for the past 2 months. <a href="https://t.co/TEWNmvmNFj">pic.twitter.com/TEWNmvmNFj</a></p> 
 <p>— SolanaFloor | Powered by Step Finance (@SolanaFloor) <a href="https://twitter.com/SolanaFloor/status/1781042151792742470?ref_src=twsrc%5Etfw">April 18, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>The significant growth in Solana’s daily active addresses is reflective of its strengthening ecosystem. Numerous new projects and partnerships have been launched on Solana’s platform in recent months, ranging from <a href="https://www.altcoinbuzz.io/?s=dapps" target="_blank" rel="noopener">DeFi applications</a> to NFT marketplaces. These initiatives have contributed to increasing network activity, drawing more users to the platform. Moreover, Solana’s development community is growing, bolstered by strong developer tools and support, driving further innovation and adoption</p> 
<h5><strong>More About Solana</strong></h5> 
<p>Coinbase has announced the integration of Marinade Finance’s <a href="https://www.coingecko.com/en/coins/marinade-staked-sol" target="_blank" rel="noopener">mSOL</a> liquid staking token into its platform. This new addition will be available for trading and custody on Coinbase Prime, targeting institutional clients.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">NEWS: <a href="https://twitter.com/CoinbaseInsto?ref_src=twsrc%5Etfw">@CoinbaseInsto</a> Announces integration of <a href="https://twitter.com/MarinadeFinance?ref_src=twsrc%5Etfw">@MarinadeFinance</a>'s mSOL liquid staking token for trading and custody on Coinbase Prime. <a href="https://t.co/YlwTICsPyH">pic.twitter.com/YlwTICsPyH</a></p> 
 <p>— SolanaFloor | Powered by Step Finance (@SolanaFloor) <a href="https://twitter.com/SolanaFloor/status/1780707897103753720?ref_src=twsrc%5Etfw">April 17, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>The integration of mSOL, a token that represents staked SOL in Marinade Finance, aims to provide Coinbase users with enhanced options for earning staking rewards on Solana while maintaining liquidity.</p> 
<p><a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="aligncenter wp-image-124240" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg" sizes="(max-width: 714px) 100vw, 714px" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1068x132.jpg 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1.jpg 1197w" alt="Coins" width="714" height="88"></a></p> 
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<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/solana-outpaces-bitcoin-and-ethereum-in-daily-active-addresses/">Solana Outpaces Bitcoin and Ethereum in Daily Active Addresses</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Solana Outpaces Bitcoin and Ethereum in Daily Active Addresses

Altcoin Buzz

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