Solana does not use UTXO . Although it avoids the global account problem of Ethereum, it manages data using an account-based model, which has its benefits but at the same time also limiting.
Read moreIs Solana superior?
After less than two years of operation, it is the fourth largest crypto by market cap. It undoubtedly has many superior qualities to Ethereum . In particular, its high throughput of transactions and low gas fees have made it very popular with developers who are increasingly choosing Solana over Ethereum.
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