VanEck research suggests that Solana is expected to rise to $330, with network advantages being key
VanEck: Solara's target price is $330
According to VanEck's report on September 25th, Solana (SOL) is expected to reach $330 and may grow to 50% of the current market value of Ethereum (ETH), mainly driven by Solana's advantages in speed and transaction processing.
The report cites throughput data from Solana, whose network can process thousands of transactions per second (TPS), which is 3000% higher than Ethereum's TPS. In addition, Solana has 1300% more daily active users than Ethereum, and its transaction fees on the Solana network are nearly 5 million times cheaper than Ethereum.
The author of the report points out that Solana's significant advantages in speed and cost-effectiveness make it more advantageous than Ethereum in the fields of payments and remittances. Especially stablecoins are considered one of the main drivers of decentralized financial activities, which can leverage Solana's excellent processing capabilities to transfer cost savings to users.
The report mentions that retail investors are "gradually realizing" Solana's potential as a smart contract platform to challenge Ethereum, while they are skeptical that institutional investors have not yet noticed Solana's advantages. The report speculates that the slow adoption of Solana by institutional investors may be due to their hesitation in abandoning "blue chip assets" like ETH and embracing relatively new Solana instead.
Why Ethereum is not performing well
In early September 2024, VanEck released a report analyzing the reasons for suppressing Ethereum prices. According to VanEck's analysis, Ethereum's poor price performance is mainly due to the value of its Layer 2 network being extracted.
The Layer 2 scaling solution for Ethereum has grown rapidly due to the Dencun upgrade in March 2024, which significantly reduced transaction fees for the Ethereum Layer 2 network.
Due to the rapid growth of these Layer 2 projects and the significant reduction in transaction costs, the revenue of Ethereum Layer 1 has dropped significantly by 99% since March 2024. However, in late September 2024, transaction fees on the Ethereum network began to recover.
VanEck also specifically pointed out that some users have turned to faster Layer 1 networks such as Solana and Sui (SUI), which is another important factor suppressing Ethereum prices and transaction revenue. The report suggests that although Ethereum still has a first mover advantage, this advantage is rapidly shrinking.
(责任编辑:商业)
- ·ttm币最新价格-ttm币最新信息
- ·Decentralized USD (TRX) (USDD)哪里可以买?推荐交易平台解析
- ·前两天的天气是什么
- ·保险合同为啥会无效?有哪些情况会导致合同失效?
- ·Binance Alpha积分内卷白热化:用户疯狂刷分,Meme项目也成赢家?
- ·UB交易所连接
- ·怎么让股票跌
- ·增值税期末只有进项怎么结转
- ·狗狗币挖矿软件cpu
- ·比特币交易平台前十名排名 虚拟币十大交易所排名
- ·9月末北京穿什么衣服-9月底北京穿什么衣服
- ·苏宁股票怎么样-苏宁股票怎么样知乎
- ·股票免税吗
- ·服务费收入缴纳哪些税
- ·联合钱包靠谱吗-联合钱包是正规平台
- ·10月31日天弘宁弘六个月C净值下跌0.02%,近1个月累计下跌0.45%
- · 十大虚拟货币交易平台app
- · 数字货币交易平台app
- · 虚拟货币交易平台排名
- · 加密货币交易所
- · 数字货币交易app
- · 虚拟货币交易
- · 虚拟货币交易平台排名
- · okx官方
- · okx网页版
- · 虚拟货币交易平台有哪些