Ethereum or Solana: Which is a Better Option For NFTs?
-Solana’s network outage last Saturday was caused by massive transactions from NFT mint bots, which congested the network and led to the validators’ failure to reach consensus.
-This is the seventh time this year that Solana’s network has been shut down due to excessive duplicate transactions causing network congestion.
-The recent increase in interest in Solana-based NFTs is likely the key driving factor that has led to the rebound of action on Solana.
-The high gas fees on Ethereum’s network is a major turnoff for many traders and can be a deterrent to adoption.

Share this:
Related
More Stories
Crypto needs regulation to avoid washouts like FTX, says Coinbase CEO Brian Armstrong
FTX declared bankruptcy after revelations about its business practices led to a surge of customer withdrawals, without sufficient funds to...
Slight Bitcoin Bullishness Continues Despite Market Cap Drop
The total cryptocurrency market capitalization dropped by 5% between Nov. 14 and Nov. 21, reaching a notable $795 billion. -However,...
Ethereum to fuel bullrun to $2,000 in coming weeks
- Ethereum's performance last week outperformed Bitcoin's by three times on the weekly chart. - Experts believe that Ethereum's burning...
JPMorgan’s Recent Experiment Proves Crypto is Here to Stay!
Ethereum was created in 2013, laying the foundation for cryptocurrency to take the largest step in its evolution since the...
tWhy Bitcoin and Ethereum Investors Are Losing Money
- Investors in Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies are losing money at a historic pace - The news...
“Bitcoin is Dead” – Mainstream Media 466 Times
The mainstream media has been publishing articles blaming crypto for the collapse of the FTX exchange and Sam Bankman-Fried's crypto...