#GENIUSActPass
Ethereum and Solana are among the leading smart platforms that allow for the building of decentralized applications (DApps). Ethereum is the oldest and most widely used, possessing a rich ecosystem of tools and developers, but it has suffered from slow transactions and high fees, which it has attempted to resolve through the upgrade to Proof of Stake (Ethereum 2.0).
On the other hand, Solana is characterized by extremely fast transaction processing and low fees, making it a favorite for gaming applications and NFTs. However, Solana has experienced network outages several times, which has affected trust in it.
The choice between them depends on the purpose of use: stability and diversity in Ethereum, or speed and low cost in Solana?