When Solana launched four years ago, it posited itself as an ‘Ethereum killer’; a grand statement for a newcomer who did not even land in the top 20 crypto coins. Now Solana is the second-largest layer 1 solution. If an analysis by Blockworks researcher Dan Smith is anything to go by, Solana will eclipse Ethereum in crypto transaction fees within a week. This is interesting news for ERC-20 coins like newcomer Raboo, built on the Ethereum network.
Ethereum (ETH): A New Industry Defined
Vitalik Buterin saw the architecture behind Bitcoin and thought there’s more to this than meets the eye, and created the smart contract, thereby literally changing the world. Ethereum is not yet a decade old but has amassed $360 billion in market cap. Nobody can dispute Ethereum’s dominance, and unseating it as the #2 coin would be a mammoth task.
But Ethereum has a flaw. It’s expensive and slow. Its crypto transaction fees are sky-high, and Ethereum has been a great store of value, but it is useless as a transaction token. Its smart contract platform is legendary, but using Ethereum to trade is a slow and expensive affair.
Solana (SOL): Top 5 Crypto Coin To Overtake Ethereum
Solana entered the open market in 2020, and within a year, it was a top 20 crypto, meeting heavy competition from tokens such as Monero and Cardano. Solana was confident that its smart contract platform could outperform Ethereum. In terms of speed and agility, it certainly could! But the ace up Solana’s sleeve was its crypto transaction fees. Solana is dirt cheap! Solana took less than three years to be a top 5 coin, and it is now the second-biggest smart contract platform next to Ethereum.
And here’s where it gets interesting – in terms of transaction fees generated, Solana is about to overtake Ethereum, giving its moniker as the Ethereum Killer even more credibility. Solana is growing much faster than Ethereum – can it claim the number 2 spot before the decade is out?
Raboo (RABT): New Meme-Fi AI Token Headed For A Top 20 Crypto Spot
Everyone dreams of going big, but few have concrete plans or the foundations to achieve this. However, Raboo, a new meme-fi crypto coin, is putting its sights on becoming a top 20 crypto and has the legs to get there! Raboo is more than a ‘mere’ meme coin; the Raboo ecosystem encompasses the entire crypto product offering. Built on Ethereum, Raboo offers staking and rewards, putting it in the DeFi camp, and also has an NFT market, giving it a foothold in the lucrative gaming industry.
But the ace up its sleeve is its capacity to harness AI to rocket it forward. After amassing over $1 million in liquidity in the early stages of the presale, Raboo’s blueprint for becoming a top 20 crypto before 2030 is one to invest in!
Conclusion:
The battle between Ethereum and Solana is an interesting – and lucrative – one. However, for real growth, investors can look at Raboo, which is set to explode 100x once it hits the open markets. Raboo is currently in presale with Raboo (RABT) tokens at $0.0042
You can participate in the Raboo presale here.
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