Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
NFT sales volume by chain over the past 7 days Ethereum is still on top, but Bitcoin and Solana are holding their own. Data from @cryptoslamio https://t.co/l4WuuOLUXK
Solana fees starting to be meaningful revenue for the network is bullish but also shows the limits of single state machines. As market picks up we will see fee spikes on mainnet Solana. This will reenforce that IBC and async is the only way to scale and keep fees low.
🚨BREAKING: @solana network revenue from gas fee collected soared 16x in one year 🗓️ In February 2023 → Solana's daily gas fees was 0.2% of Ethtereum's. 🗓️In January 2024 → Solana's daily gas fees surged to 8% of Ethtereum's. https://t.co/7UZi3mx3KY
Ethena Labs represents 5% of global Ethereum perpetual open interest, potentially impacting funding rates. Solana achieves over $5 billion in all-time NFT sales volume, surpassing Ethereum in daily gas fees revenue growth by 16 times in one year.