Hello everyone, I am Sanfei. SOL has risen for four consecutive days and has broken through the 170U level again. When it comes to SOL, most of the brothers' first reaction is that there is another Meme to rush? So why do people choose to deploy Meme on the SOL chain instead of on the former king of local dogs ETH?

Next, Sanfei will briefly talk to you about SOL.

SOL, like Ethereum, is a smart contract blockchain that promotes general applications from DeFi to NFT use cases. The fundamental difference between Ethereum and SOL lies in their design philosophy.

SOL has excellent performance, low fees, low latency and high throughput, so when large traffic comes in, it can handle it. The essence of finance is trading. The real craze in the Crypto market is related to trading. As a platform, SOL continues to improve its speed and fluency technically.

As the most active chain on the chain, ETH has completed the Cancun upgrade, but there is no improvement on the main chain. Moreover, the more expensive the price of Ethereum, the higher the transaction cost on the chain. The handling fee for a transaction is between tens and hundreds of dollars. After a round of back and forth, 20% of the funds for the coin are gone, causing everyone to turn to other chains, and the one that benefits the most is SOL.

SOL itself performed quite well in this round, from the lowest point of 8U to the highest point of 210U, and its short-term market value broke through to the fourth place. The rise of SOL has benefited most people, and in the subsequent Meme market, basically every wave started from SOL. As the saying goes, "Where the hot spots are, there are funds."

On the other hand, ETH has brought out the staking gameplay to slow down the inflation of ETH, but it has played a good hand of cards badly. None of the staking projects have come out, resulting in no projects to play and no one dares to trade. At present, the GAS fee on the ETH chain has dropped to 3Gwei.

Seeing this, if you are the project party, would you choose to deploy on a chain with low popularity, small funds, high fees, and slow transaction speed?

Finally, Sanfei is still optimistic about the future development of SOL. After the Meme craze, do you think the heat will shift to the SOL ecological infrastructure? Welcome to follow Sanfei and leave a message to share your views.#SOL #ETH #MemeWatch2024