Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
Home»ETHEREUM NEWS»Pantera Capital researchers say Solana will steal market share from Ethereum. Here’s why:
ETHEREUM NEWS

Pantera Capital researchers say Solana will steal market share from Ethereum. Here’s why:

By Crypto FlexsJune 20, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Pantera Capital researchers say Solana will steal market share from Ethereum.  Here’s why:
Share
Facebook Twitter LinkedIn Pinterest Email

Analyst at an asset manager specializing in cryptocurrency pantera capital made an optimistic argument. Solana Ecosystem Compared to Ethereum. They highlighted the growth of the network and explained why. Solana It will steal a huge chunk of the market from Ethereum.

Why Solana is Stealing Market Share from Ethereum

Most recently blockchain letterPantera analysts Franklin Bi, Cosmo Jiang and Eric Wallach highlighted Solana’s “monolithic architecture” as a key culprit that could steal market share. Ethereum In terms of blockchain developer activity. They noted that developers are what makes blockchain successful and shared their belief that Solana is now “a major contender for the future.” Blockchain development.”

Interestingly, these pantera Analysts likened Solana’s monolithic architecture to Apple’s approach using “macOS’ vertically integrated hardware and software stack.” They believe Solana’s network design offers multiple benefits, including a seamless user experience, faster innovation, and enhanced security.

Additionally, the newsletter highlighted how Solana’s architectural strengths enable multiple use cases and user experiences. Modular blockchain like Ethereum And cosmos. In particular, Solana’s functions include content distribution, Decentralized Physical Infrastructure Network (DePIN)and a central limit order book (CLOB).

Bi, Zhang, and Wallach went on to provide examples of how Solana’s monolithic architecture “enables powerful applications.” They mentioned DRiP, a non-fungible token (NFT) drop platform. DRiP’s success was due to Solana’s ability to send millions of NFTs to collectors around the world without incurring significant transaction costs.

These research analysts also cited Hivemapper and Phoenix as examples of applications that benefit from the Solana architecture. Asset manager Franklin Templeton is also worth noting. previously highlighted Solana’s “outstanding technology” makes the network well-suited to the sectors and applications that will drive the next generation of cryptocurrency adoption, it said.

Solana’s underlying growth supports the bullish case

Pantera noted that Solana’s bullish case is already being realized through key fundamentals, including: user growth And transaction fees soar. The company also noted how Solana has emerged as a premier platform for individual investors and meme coin traders. It is said that Solana has also moved. Ethereum’s NFT dominance In previous market cycles.

Solana’s rapidly growing user base is also evident in the increase in unique active addresses on the network. This rose from just 14,000 in October 2020 and a local low of 202,000 in October 2023 to around 1.34 million. Pantera also noted Solana’s preferred fees, which “exploded” from less than $100,000 per month in mid-2023 to an all-time high (ATH) of more than $60 million in March 2024. Huge Demand for Solana.

Meanwhile, Soaring Volume Solana’s performance on decentralized exchanges (DEXs) and record number of token launches are also said to be key fundamentals, showing that Solana is poised to maintain its upward trajectory and take a large share of the market.

SOL price falls to $130 | Source: SOLUSDT on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Stablecoins are finally legal

August 3, 2025

Asia Morning Briefing: SEC’s in -kind BTC, ETH ETF reduction shift occurred in Hong Kong a few years ago.

July 30, 2025

Ether Leeum validation exit exit queue will explode with 521,000 ETH ATH.

July 26, 2025
Add A Comment

Comments are closed.

Recent Posts

$ 3.5 billion in 2020 Bitcoin attack discovered by Arkham Intel

August 3, 2025

Stablecoins are finally legal

August 3, 2025

SOLANA DEX Volume Co -founder Slam Mim Coin 20% deep

August 2, 2025

DLMining Releases 2025 ETH Contract Innovation Plan, Ushering In A New Era Of Inclusive Mining

August 2, 2025

XRP Rebounds On ETF Hopes As CryptoMining Firm Launches $8,100/Day Cloud Contracts

August 2, 2025

Since April, Telegram Growth and Stacking have driven Funtoken’s price soaring

August 2, 2025

Best visa stable coin encryption card

August 1, 2025

Hamieverse Taps Abstract To Power Its Debut Blockchain Game And Purpose-Driven Ecosystem

August 1, 2025

Pepe Dollar ($PEPD) Presale Picks Up Pace As Ethereum (ETH) Hovers Over $3,600

August 1, 2025

Meme Coin ‘$SATOSHI’ Heralding The Return Of Satoshi Nakamoto’s Vision Launches First Presale

August 1, 2025

Bitcoin falls to $ 115K with the third main wave of profit, a new tariff tension.

August 1, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

$ 3.5 billion in 2020 Bitcoin attack discovered by Arkham Intel

August 3, 2025

Stablecoins are finally legal

August 3, 2025

SOLANA DEX Volume Co -founder Slam Mim Coin 20% deep

August 2, 2025
Most Popular

Cryptocurrency Coalition Advocates Adoption of Bitcoin Emoji

March 13, 2024

When Bitcoin breaks $ 100k again, uniswap increases by 20%

May 10, 2025

UNI Price Prediction – Uniswap Momentum Reignites, 15% Rise Possible

January 16, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.