Indeed, according to a report by CoinGecko, Solana, a high-performance blockchain, has surpassed Ethereum in daily transaction volume. This is a significant development as Ethereum has been the most used blockchain platform for years. As of the report, Solana recorded 91 million daily transactions compared to Ethereum’s transaction count. This comes as Solana’s platform continues to gain popularity because of its scalability, speed and lower transaction costs.
Despite this, Ethereum remains the leading platform in terms of market capitalization. It’s also important to highlight that Ethereum is transitioning to a new protocol (Ethereum 2.0) which aims to improve scalability and transaction speeds, addressing some of the current limitations.
Please note that the cryptocurrency market is highly volatile and can be speculative in nature, so it’s crucial to do thorough research and consider seeking advice from financial advisors.