The post Solana vs Ethereum: an eternal challenge for a future leader appeared on BitcoinEthereumNews.com.

The clash Solana vs Ethereum lately sees the former triumph, if one considers, for example, the number of daily active users. In fact, according to a recent chart by Blockchain Army, Solana has had 10 times more daily active users than Ethereum and Bitcoin for months now. Solana vs Ethereum: the turning point Always taking the number of daily active users as a reference point, the turning point occurred starting from January 2024. The chart compares the DAU (Daily Active Users) of Solana, Ethereum, and Bitcoin from 2020 to today. In reality, the direct comparison should only be made between Solana, Ethereum, given that Bitcoin has very few smart contracts, little DeFi, and essentially no DEX. The comparison was made by analyzing the on-chain data of daily active addresses. Initially in 2020, Ethereum was clearly ahead, with about 700,000 daily active users, compared to a number for Solana close to zero. On the other hand, Solana is a crypto protocol that only started to gain popularity from 2021. During 2022 and 2023, however, the average DAU of Solana have consistently grown, reaching those of Ethereum at the beginning of 2024. Here there was a real turning point, with Ethereum’s DAU dropping below one million, and Solana’s soaring in a short time to reach a peak of over 5 million in September of the same year.  The growth of Solana Note that the growth over time of Solana’s DAU has not been constant at all.  In reality, it was from 2021 to 2023, but in 2024 there was an incredible boom, most likely due to the mania of memecoin, the collapse of costs for creating new tokens, and Pump.fun. Moreover, starting from 2024, there has also been a significant drop in DAU on Ethereum, with transaction fees even plummeting by 70%,…

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Filed under: News - @ February 22, 2025 8:21 am