Comparison Between Two Currencies ($SOL vs $AVAX)
Title:
$SOL or $AVAX? Which is stronger in the L1 market currently? A quick comparison for the smart investor!
1. In terms of performance:
$SOL: Increased ~380% over the last 12 months
$AVAX: Increased ~190% only in the same period
2. Network activity:
Solana: Daily transactions > 30 million
Avalanche: Less than 5 million daily
3. Project adoption:
Solana: Clearly superior in DeFi and meme coins
Avalanche: Strong in institutional projects (like Deloitte)
4. In terms of volume and liquidity:
$SOL: Daily trading volume ~2.5B
$AVAX: ~600M only
Conclusion:
$SOL currently excels in activity, popularity, and liquidity - but it is also "more expensive".
$AVAX is an excellent option for long-term investors seeking steady growth from lower levels.