😱🌟✨️ Ethereum Risks Losing Builders to Solana Over Hackathon Fetish, Expert Urges Strategic Rethink
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Ethereum risks losing developers to Solana, with the latter gaining momentum due to better startup support and a streamlined user experience. Ethereum's focus on hackathons has been criticized for not fostering meaningful innovation or producing widely adopted products.
Solana now matches Ethereum in startup applications, signaling a shift in developer preference as Ethereum struggles with its identity and scalability issues.
💫 Quick Take:
Ethereum’s ability to reinvent its builder engagement strategy is critical to retaining its relevance amid a new wave of developer preferences and technological priorities. ETH was trading for $1,824.19 as of this writing, with a modest 0.5% surge in the last 24 hours. Meanwhile, SOL traded for $149.38, down by 0.74% in the same timeframe.