Actually everytime that ethereum is having that huge Gas fee for transacting supporters are diverting in other currencies and yes this is why Solana is making its way in the recent days.
so maybe Cathie Wood at some point is correct but since the gap is so far for now but lets see for how many years to come.
Have heard several times about ethereum killer, with different coin names. because ethereum always has problems with high gas fees. Solan and BNB could be alternative smart contract platforms but I'm not sure Solana will be an ethereum killer.
Initially BNB was a substitute for Ethereum's very high fees, but over time Solana was created and if you look at the technology that Solana has is better than BNB, Solana has really faster speeds than Ethereum with very cheap fees too, So with the technology that Solana currently has, I agree that Solana has the potential to be a killer for the Ethereum and Binance Smart Chain ecosystems.
But do you have any knowledge about the weaknesses of the SOLANA coin?
Because I don't want to get caught up in the hidden reality about the SOLANA coin. If it is true that the SOLANA coin will be an Ethereum Killer and a BSC Killer.
Maybe I'm just thinking logically and critically because when coins are created they definitely have pluses and minuses. We can see that the minus of Ethereum is that when the price of Ethereum coins becomes more expensive, Ethereum transaction fees also become more expensive.
I will give an example like this about price of Ethereum:-Ethereum price 100 USD.
-The cheapest Ethereum transaction fee is 0.001.
-This means that the transaction fee required is 0.1 USD. (cmiiw)
-Ethereum price 10,000 USD.
-The cheapest Ethereum transaction fee is 0.001.
-This means that the transaction fee required is 10 USD. (cmiiw)
Well, now let's look for the weaknesses of the SOLANA coin because it is certain that the advantages of the SOLANA coin are all altcoinstalks members know.
Do you know what the weakness of the SOLANA coin is?