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Solana (SOL) Dominates Ethereum and Tron in Fee Revenue: Details
Solana’s revenue from transaction fees has skyrocketed, surpassing both Ethereum and Tron. In a stunning turn of events, Solana has taken the top spot, raking in an impressive $74.13 million in 30 days.
Solana’s massive influx of users could be attributed to its significantly lower gas fee compared to Ethereum, the largest blockchain platform by market capitalization. The high demand for transactions and decentralized applications on the network has led to increased revenue for Solana.
Meanwhile, TRON generated $51.06 million in the same time period, indicating a significant disparity in transaction volumes between the two platforms.
Solana’s dominance could be attributed to its high-speed, scalable blockchain, which has allowed it to cater to the demands of users seeking faster and more cost-effective transactions.
Source: u.today
