Is Solana Still the Ethereum Killer? A Deep Dive into Its Current Status Introduction to Solana’s Rise Solana emerged as a strong blockchain network. This led to Solana immediately being referred to as the “Ethereum killer” because, unlike Ethereum, it handles thousands of TPS while costing at least a magnitude less. The crypto world welcomed this innovative solution that would address decentralized applications or dApps and decentralized finance or DeFi. What fueled the rapid rise for Solana was its promise of being scalable, fast, and efficient. What Made Solana the “Ethereum Killer” Solana became a strong rival to Ethereum because…
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