Bank of America Says Solana Could Take Market Share From Ethereum, Become the Visa of the Crypto Ecosystem – Altcoins Bitcoin News

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Bank of America says Solana could take market share away from Ethereum and become the Visa of crypto ecosystem. cryptocurrency

Bank of America Says Solana Could Take Market Share From Ethereum, Become the Visa of the Crypto Ecosystem

The Bank of America analyst described that Solana “produces a blockchain optimized for consumer use cases by prioritizing scalability, low transaction fees and ease of use,” citing Solana Foundation member Lily Liu. Noting that Solana’s differentiation from Ethereum is “proving successful,” Shah noted that the valuation gap provides an opportunity for Solana. Its Proof of History blockchain helps improve the performance of its Proof of Stake consensus mechanism, the Bank of America analyst opined, noting:

Meanwhile, the Ethereum blockchain prioritizes decentralization and security, at the expense of scalability, Shah described, adding that Ethereum’s scalability issue has led to periods of network congestion and ultra-high transaction fees.

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it is better to carry out cheaper transactions. I vote for solana, but I still hodl eth in my bitfinex portfolio.

I wonder how much they own to make that comment....👀

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This might be true if the network could stay online a month straight....lol

Lol solana $sol can’t handle increase of transactions on its blockchain 😂

But Sol runs on Flexa … flexa is powered by amp .. amp is ethereum … facts …

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Did Solana sold out or is time to sale

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btc is taking market from BankofAmerica

Course it can, the VCs will just shovel more money into it even though its shit

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Bank of America Says Solana Could Take Market Share From Ethereum, Become the 'Visa of the Digital Asset Ecosystem' – Altcoins Bitcoin NewsBank of America's analyst says that Solana could take market share away from Ethereum. Noting that Solana is optimized for micropayments, gaming, and non-fungible tokens (NFTs), the analyst expects 'Solana could become the Visa of the digital asset ecosystem.' Hello everyone! Did you check AltbaseApp before? You can find your every need in crypto w/ Altbase and $ALTB New app drop soon with new features More than 20 new listings and new interface is coming Stay tuned Crypto Altcoins BSC SHAKITAINU 👉The 👑KING Of Dog Coins! 👉The REAL 1$ Dog! 👉Once You Go SHAK you Never Go Back ! SHAKARMY SHAKFAM ShakitaInu SHAKPUGZNFT JOIN US!
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