Can Solana take over Ethereum?

Solana could take market share away from ethereum thanks to its ease of use and lower transaction fees, BofA says.

Two dynamic rivals are rising in the ranks — and both have what it takes to overtake Ethereum. I’m talking about Cardano ( ADA 9.72% ) and Solana ( SOL 6.20% ) , the seventh- and eighth-biggest cryptocurrencies, respectively.9 Şub 2022

Some analysts have even forecast that Cardano will eventually surpass Ethereum as the leading blockchain technology for decentralized finance and smart contracts, as well as NFTs.

The incredible rise of NFTs and DeFi spurred waves of investment into Ethereum, leading some in the industry to believe that Ethereum can flip Bitcoin by the end of 2022 .