In this episode, we ask and answer whether Solana Beats Ethereum in the 2024 Bull Run.
Today’s Topics:
* Solana technology stack and innovation with Proof of History.
* Solana capabilities for segmented fees to manage congestion and ability to scale with Moore’s Law.
* While the technology is promising, adoption remains limited as suggested by lower TVL (Total Value Locked).
* Solana's association with FTX might be limiting it's current growth prospects.
* NFT's on Solana have been low but could provide tailwinds if interest returns.
* Outstanding supply remains unknown for #Sol, with wide range in estimates.
* Solana's main usage is for staking, with consistent but minimal uses for other protocols.
* The unknown supply might limit developers interest in building on the platform.
* Solana price technicals are strong, suggesting the price has perhaps reached the bottom.
* Solana's price technicals against Ethereum (#ETH) suggest #Sol could outperform in a bull run scenario (such as 2024).
* Based on the team votes, two believe Solana will outperform Ethereum in the coming bull run. The one against believes the unknown supply will remain a key problem.
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Disclosure Statement
This content is for entertainment purposes only. Nothing shared during this broadcast is or should be considered financial advice. The views and thoughts shared here are simply opinions. Do your own research and consult a registered financial advisor before making any investments.
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