Solana has suddenly gone crazy! This public chain, once questioned due to network outages, is now frantically harvesting the market with a speed of 65,000 transactions per second and ultra-low fees of $0.04! In the first quarter of 2025, cross-chain bridge transaction volume exceeded $10.1 billion, the daily active users of DApps surged to 12 million, and even BlackRock invested $1.7 billion. Is Solana really going to challenge Ethereum's throne?

First, look at the hard power: Solana's speed is 2000 times that of Ethereum, and transaction fees are 500 times cheaper, directly dominating high-frequency trading, blockchain games, and other scenarios. Defi Dungeons NFT sales topped the world, USDC's on-chain activity soared, and even Hong Kong's new stablecoin regulations paved the way for it. The number of developers has increased by 83% in a year, and programmers in India and Nigeria are frantically coding Solana, making the ecosystem as lively as a festival. Most importantly, the old problem of being criticized for "easily crashing" has been completely cured by the Firedancer client. There were zero outages in the first quarter of 2025, and stability was directly maximized.

But Ethereum is not to be outdone: its $44.5 billion DeFi lock-up volume is still overwhelmingly dominant. Infrastructure such as Uniswap and Aave are as stable as old dogs. It accounts for 72% of the tokenized treasury bond market, with compliance and institutional trust crushing the competition. Although Solana is playing happily with Meme coins and games, enterprise-level applications and real-world asset on-chain are almost blank. BlackRock's 150 billion fund still has a multi-chain layout and has not bet everything on it. More importantly, Ethereum is working on sharding and Layer2. Once the upgrade is completed, its speed may surpass Solana. It is difficult to say who will win at that time.

The future is likely to be "each playing their own game": Ethereum guards high-value financial scenarios, and Solana focuses on high-frequency, low-cost transactions. Maybe Solana will become Ethereum's Layer2 little brother in the future, and together they will make the pie bigger. But if Solana really wants to be king, it must first solve the problems of a single income structure (relying entirely on Meme coins) and institutional trust. Do you think Solana can make a comeback? Chat in the comments section! Forward it to friends who play blockchain games and DeFi, follow me, and I will show you how this public chain war will end! #sol板块