According to reports from PANews, research by cryptocurrency bank Sygnum points out that Solana has not yet demonstrated sufficient evidence to replace Ethereum as the preferred blockchain for institutions. Solana's revenue relies on Meme coin trading, raising questions about the stability of its revenue.
Ethereum has advantages in security, stability, and institutional recognition, with its actual revenue scale being 2 to 2.5 times that of Solana. Solana's transaction fees flow to verification nodes and have not effectively translated into an increase in SOL token value.
In March of this year, the Solana community voted down a proposal to reduce the inflation rate, reflecting its conservative stance on token economic reforms. If Solana can achieve breakthroughs in areas such as stablecoins, it still has the opportunity to catch up with Ethereum.
