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:银饰)
- ·欧洲区块链大会 EBC10 精彩活动指南:链接巴塞罗那,畅享 Web3 加密文化
- ·购股票开户
- ·本期盈余年末怎么结转
- ·10月31日诺安新动力灵活配置混合C净值增长0.71%,近3个月累计上涨6.59%
- ·陇南住房公积金贷款利率是多少?想在陇南申请公积金贷款买房。
- ·火币上线的新币
- ·策略实测 05 | OKX 与 AICoin 研究院:时间加权和冰山委托策略
- ·美联储高官暗示:至少9月前可能都不会降息!
- ·发放现金股利对所有者权益有什么影响
- ·meme币交易中心手机端下载平台 meme币交易中心官方版
- ·比特币交易平台哪个好 十大比特币交易平台排名Top
- ·股票差价计算
- ·bit-z交易平台-bitz交易平台充值会有风险吗
- ·SOL突破170美元关口,24小时涨幅达1.33%
- ·Ordinals ecology bites each other! Two Big Boss Chokes' Node Monkey 'Founder Rocktoshi to Get Out of the Ecosystem
- ·YieldNest将于6月3日进行TGE
- · okb交易所官网
- · 欧易交易所 电脑
- · 虚拟货币交易平台排名
- · 虚拟货币交易平台有哪些
- · 欧易正规
- · 虚拟货币交易平台排名
- · 亿欧交易所下载
- · 0kx交易所官网
- · okx官方
- · okx交易所app官网链接