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Solana Forum / Re: Is SOLANA new competitive of Ethereum?
« on: May 22, 2024, 08:10:55 PM »A variety of meme coins are being created on the SOL network due to very low transaction fees. And thus SOLANA network customers are increasing day by day because a lot of airdrops are coming in the market and they are being created almost project token sol network. there are also a lot of scams going on here. SOL popularity would not have been as high if ETH's transaction fees hadn't skyrocketed and quickly dropped. ETH transaction fees have been very high for years.When you have these two coins, you can make good use of them to increase the assets you have, but for now it seems that the one that has high demand in the market is the Solana network. Many meme coins have been created there and provide a lot of profits for those who can make good use of them.Solana is new craze now, they are almost 12B$ marketcap & it will be continue to growing. Solana also ready to launch their own IDO platform which is Solstarter ( https://solstarter.org/). people are talking about Cardano ... its nothing compared to Solana. I think BNB, Solana & Polkadot, one should be winner.so polkadot till now not ready to perform. In this sense BNB & SOL have possibility to compete with eth.
What's are you thinking about solana?
Maybe in the eyes of other communities in this field it is yes, but to others like me, he is not competitive for Ethereum. Because as long as we can benefit from ETH and SOL, why would we think that they are more competitive?
Although let's talk about where we can get a big profit in my personal assessment, if we are talking about a big profit, I will get good earnings in SOL. Although you can definitely get a profit in ETH, it may not be equal to that of SOl, but that still depends on the amount of capital that an investor will make.