Solana Surpasses Ethereum in User Activity Amidst Surge in Memecoins like ‘Book of Meme’
The Solana community skilled a surge in exercise over the weekend, surpassing Ethereum in complete buying and selling quantity.
The Solana community skilled a surge in exercise over the weekend, surpassing Ethereum in complete buying and selling quantity. Nevertheless, the community struggled to maintain up with the inflow, resulting in frequent transaction failures and delays.
Solana’s 24 hour buying and selling quantity reached practically $3 billion on March 17, beating out Ethereum’s day by day quantity of $2.04 billion. The community additionally reached a brand new file of $3.79 billion in buying and selling quantity on March 15. The surge in exercise was pushed by a speculative frenzy for brand spanking new Solana-based memecoins. Guide of Meme (BOME) rallied from near-zero to a market capitalization of $1.45 billion in simply 56 hours.
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