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
solana is trash
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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Ada will overtake Solana 🔜🔜
Reason: 1) Both are swiss 2) They failed to program fee limits on shithereum This shift means they gonna abandon shithereum. Note: These doldrums figure out in one go💩
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