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Solana: A look at how Ethereum is helping SOL grow

  • 📰 CryptoAmb
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Ethereum activity boosts Solana's profile, yet a revenue downturn raises questions about the network's future.

has seen a massive surge in terms of interest in its network over the last few months. However, due to recent hiccups due to momentary downtime, the network faced some issues.However, the recent interest in ETH has caused a surge in activity on the Solana network. According to recent data, it was seen that ETH on Solana was experiencing a more pronounced surge compared to ETH on the Ethereum network.

Furthermore, the positive movement suggests a potential advantage for Solana in terms of transaction speed and cost-effectiveness. Despite these factors, there was a significant decline in revenue generated on the Solana network. In the past month, the network’s generated revenue dropped by 35.6%.

 

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