🚦THE INEFFICIENCY OF THE $SOL AND $ETH NETWORKS 🚦

📈 With the $TRUMP and $MELANIA coins being launched on the cryptocurrency market in recent days, the growing demand on the Solana and Ethereum networks has caused congestion, delays and high transaction fees, with cases of people not even being able to deposit

⚠️ The high failure rate is a reflection of the high network activity. Even though it supports 65,000 transactions per second, the Solana network was unable to handle the high demand from investors looking to make some money on one of these cryptocurrencies

🆘 Ethereum has been facing the same problems, and because it is a network that only supports 30 transactions per second (a difference of 216,566.67% compared to Solana), its high fees have intensified even more, causing network users to pay around 1.1 billion dollars in fees in recent days, which is a significant amount — current rate of $8

🔥 With this, we can see in practice what a financial crisis or a period of super contributions would be like, as happened. This just shows that networks (especially ETH) need to improve and improve much more so that problems like this do not disrupt the cryptocurrency market, which is very volatile and fast

So, what did you think of the post?

What was the fee you paid on SOL or ETH? 🤔

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See you soon and happy investing 😁