Solana Predicted to Eat Away at Ethereum's Market Share by Bank of America

Even though 2021 was a banner year for Ethereum, its performance was overshadowed by Solana.

SOL was up more than 2,200% against ETH last year, with its native blockchain emerging as one of the leading contenders for the smart contract crown. With that being said, the SOL/ETH pair is down 8% this year, with the whole market enduring a significant correction. Shah believes that Solana could transform into a Visa-like behemoth, becoming the go-to payment protocol within the cryptocurrency industry.is more decentralized, Shah claims that it is not scalable enough, which drives up the cost of transactions. Hence, the analyst believes that scalability is a reasonable trade-off:

Solana prioritizes scalability, but a relatively less decentralized and secure blockchain has trade-offs, illustrated by several network performance issues since inception. Solana, however, has its own share of performance issues. The network went down on Sept. 14 due to a bug, exposing the fragility of the “Ethereum killer.” This wasn’t a one-off event: Solana also came to a halt on Dec. 4 for five hours. Earlier this month, the network started experiencing throughput issues.

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_XRpizza BankofAmerica From one tether ponzi to another

BankofAmerica For which days? Because so far Monday, Wednesday, and Friday the network is online. Tuesday, Thursday and Saturday is offline for repairs and on Syndays it depends. If the weather is good, is online and if not, it is offline.

BankofAmerica PowerLedger_io agrees! $POWR

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