Solana Ecosystem Recovery: Can It Surpass Ethereum?
Solana makes a strong comeback after the FTX fallout, with a 300% increase in TVL in 2024, becoming a popular chain for DeFi and NFTs. Its high TPS and low fees attract developers, but network downtime issues remain unresolved. The competition with Ethereum focuses on the trade-off between performance and decentralization. If SOL continues to innovate, it may threaten ETH's dominance.