Both Solana and Ethereum are layer-1 platforms used to power decentralised applications. Solana is fast and cheap and ahead of Ethereum in terms of the number of daily transactions and active addresses. Ethereum is a crypto mega cap name that is the largest ‘economic centre’ in the decentralised blockchain space. As both Solana and Ethereum appear relatively well-balanced, Solana’s price could benefit from a catch-up effect.
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