Solana lacks ‘convincing signs’ of besting Ethereum: Sygnum

From Cointelegraph

May 9, 2025 2:22:00 am:

According to Sygnum, Solana does not show signs of overtaking Ethereum as the preferred blockchain for institutions due to unstable revenue from memecoin concentration. Ethereum is still favored for security and longevity. Solana’s tokenomics and revenue generation from layer-1 fees are compared to Ethereum’s. Solana could gain on Ethereum with stable revenue sources like tokenization and stablecoins, despite Ethereum’s dominance in use cases favored by governments and regulators. The Ethereum Foundation’s reshuffling of priorities may give a sentiment boost to Ethereum.

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