When Solana launched four years ago, it billed itself as an “Ethereum killer.” For a newcomer who isn't even in the top 20 cryptocurrencies, this is a grand declaration. Currently, Solana is the second largest Layer 1 solution. If Blockworks researcher Dan Smith’s analysis is true, Solana will surpass Ethereum in crypto transaction fees within a week. This is interesting news for ERC-20 coins like newcomer Raboo, which is built on the Ethereum network.
Ethereum (ETH): Defining a new industry
Vitalik Buterin looked at the architecture behind Bitcoin, thought there was more to it than meets the eye, and created smart contracts that literally changed the world. Ethereum has been around for less than 10 years, but its market capitalization has reached $360 billion. No one can dispute Ethereum's dominance, and it will be a monumental task to unseat it as the second-largest coin.
However, Ethereum has flaws. It's expensive and slow. Cryptocurrency transaction fees are very high, making Ethereum a good store of value, but useless as a trading token. Although its smart contract platform is legendary, trading using Ethereum is slow and expensive.
Solana (SOL): Top 5 Crypto Coins Overtaking Ethereum
Solana entered the public market in 2020 and within a year had become a top 20 cryptocurrency, beating out stiff competition from tokens like Monero and Cardano. Solana was confident that its smart contract platform could outperform Ethereum. In terms of speed and agility, it's certainly possible. However, Solana's biggest attraction was its virtual currency transaction fees. Solana is really cheap! Solana has become a top 5 coin in less than three years and is now his second largest smart contract platform after Ethereum.
And here's where it gets interesting. Solana is on track to overtake Ethereum in terms of transaction fees incurred, further lending credence to its nickname as the Ethereum killer. Solana is growing much faster than Ethereum – can it take the number 2 spot before the end of the decade?
Raboo (RABT): New Meme-Fi AI Token Heads to Top 20 Cryptocurrency Spot
Everyone dreams of big business, but few have a concrete plan or foundation to achieve it. But Raboo, the new meme-fi crypto coin, aims to become a top 20 cryptocurrency and has the legs to get there. Raboo is more than “just” a meme coin. The Raboo ecosystem encompasses the entire offering of cryptocurrency products. Built on Ethereum, Raboo offers staking and rewards, is embedded in the DeFi camp, and also has an NFT market, making it a stepping stone into the lucrative gaming industry.
But its biggest feature is its ability to use AI to propel the rocket forward. After amassing over $1 million in liquidity during the early stages of presale, Raboo's blueprint to become a top 20 cryptocurrency by 2030 is one to invest in.
Conclusion:
The battle between Ethereum and Solana is an interesting and lucrative one. But for real growth, investors could look to Raboo, which is poised to explode 100x once it hits the open market. Raboo is currently on pre-sale for Raboo (RABT) tokens at $0.0042.
You can participate in Lovey Click here for advance sales.
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