Ethereum

Solana

<ul class="news-points">
 <li>Solana surpasses Ethereum in total fees.</li>
 <li>Solana hits a 3X year-to-date surge in TVL to $5.5 billion.</li>
 <li>Ethereum’s trading struggles post-ETF launch but retains nearly $60 billion in TVL.</li>
</ul>
CM Academy founder Michaël van de Poppe commented on the intensifying competition between Solana (SOL) and Ethereum (ETH), noting that Ethereum’s underperformance since the launch of the Ether spot ETF has led investors to favor Solana.
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 The <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SOL</a> vs. <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> saga is getting to extreme levels. Ethereum severely 'underperforming' since the launch of the ETF, pushing investors more towards <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SOL</a>. Investors are claiming that <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SOL</a> will beat Ethereum. I'm happy with my investments in ETH and I think we'll rotate soon.— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1818187271557857322?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 30, 2024</a>
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Last week, Solana surpassed Ethereum in total fees, amassing revenue from fees totaling $25 million compared to Ethereum’s $21 million. This fee encompasses Solana validator’s revenue sources, such as tips and maximum extractable value (MEV).&nbsp;
Blockworks data analytics manager Dan Smith revealed that MEV tips comprised 58% of Solana’s fee revenue, while 37% came from priority transaction fees. He added that Solana va…
The post <a href="https://coinedition.com/meme-coins-fuel-solanas-rise-overtaking-ethereum-in-fee-revenue/" rel="noopener noreferrer nofollow">Meme Coins Fuel Solana’s Rise, Overtaking Ethereum in Fee Revenue</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Meme Coins Fuel Solana’s Rise, Overtaking Ethereum in Fee Revenue

Coin Edition

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