Solana Dethrones Ethereum, SOL Co-Founder Breaks Silence

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Solana's stunning surge has catapulted it past Ethereum and other top contenders

In a remarkable turn of events, Solana has achieved a significant milestone by surpassing Ethereum and other EVM-based Layer-2 solutions in 24-hour volume, as reported by . With Solana's total chain volume standing at $3.654 billion, compared to Ethereum's $2.397 billion, the platform has emerged as the undisputed leader in blockchain transactions.

And there is a world of difference between the quorum control liveness and the L2 multisig controling state. There is absolutely nothing the quorum can do to convince circle to wire out your usdc without your signature. The L2 multisig can take the usdc out of the bridge and…In addition, discussions surrounding blockchain resilience in the face of regulatory challenges have surfaced. A hypothetical poll regarding the viability of various networks under strict government restrictions sparked debate.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.

 

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