📊 Will $SOL surpass $ETH ? Sygnum doesn't believe so, at least for now! 🧐
The group of crypto banks Sygnum does not see "convincing signs" that Solana will surpass #Ethereum as the preferred blockchain for traditional financial institutions. 🏦 Their main argument is that the revenues of #solana depend too much on memecoins, making them unstable. 🎢
Although they acknowledge that Solana has gained ground in transaction volume and commission generation, Sygnum emphasizes that Ethereum remains the preferred option due to its security, stability, and track record. 🔒 Furthermore, Ethereum generates between 2 and 2.5 times more revenue than Solana. 💰
That said, Sygnum admits that if Solana manages to diversify its revenue sources, for example, by attracting tokenization and stablecoin projects, 🪙 it could challenge Ethereum's dominance. 💪
Do you think Solana will manage to diversify its revenues and challenge Ethereum in the future, or will Ethereum continue to be the dominant blockchain for institutions?
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