Categories: MarketsMenafn

Solana Surpasses Ethereum in 24-Hour Volume

Solana (SOL) has reached a significant milestone by exceeding Ethereum and other EVM-based Layer-2 solutions in 24-hour trading volume.

According to a report from DefiLlama, the overall on-chain volume on Solana has surpassed $3.654 billion, more than Ethereum’s $2.397 billion. 

Solana Surpasses Competitors Collective Strength

Even when considering other strong players like Arbitrum, Avalanche, Polygon, and Optimism, Solana seemingly notes better overall usage statistics.

Solana’s co-founder, Anatoly Yakovenko, made a short statement about the platform’s success after hearing about this significant accomplishment.

Even though everyone is happy, some people are worried about SOL’s unified staking system and how it might be weak. Yakovenko discussed these concerns and pointed out the differences between SOL’s quorum control and the multisig control seen in Layer-2 systems.

There have also been conversations about how resilient blockchain can be in the face of regulatory obstacles. A hypothetical study examining how well different networks would work under strict government rules has caused a lot of discussion.

Yakovenko contributed to the conversation by emphasizing SOL’s adaptability and proposing potential adjustments to ensure continued functionality under adverse conditions.

As Solana continues to note strong adoption, Yakovenko’s comments show how robust the platform is and how much more it can grow. However, it will be up to developers and users to sustain the growth momentum.

Jerry Rolon

After working for 7 years as a Internet Marketer, Jerry now aims to explore the journalistic side of Internet. With his impeccable knowledge in this domain, he churns out some of the best news articles from the internet niche. With respect to acedamics, Jerry earned a degree in business from California State University.

Recent Posts

StealthEX Now Offers 2,000+ Cryptocurrencies for Instant Exchange

StealthEX has achieved a groundbreaking milestone in its mission to democratize crypto exchanges: the platform…

7 hours ago

StealthEX Now Offers 2,000+ Cryptocurrencies for Instant Exchange

StealthEX has achieved a groundbreaking milestone in its mission to democratize crypto exchanges: the platform…

22 hours ago

How Decodo Helps to Scale Data Collection for AI Agents

Vilnius, Lithuania, 4th June 2025, ZEX PR WIRE, Decodo, a leading platform for testing, launching,…

22 hours ago

A New Blueprint for DeFi: How AKAS DAO Challenges the Status Quo

Denmark, Europe, 4th June 2025, ZEX PR WIRE, Decentralized Finance (DeFi) was once seen as…

22 hours ago

SALUTS Unveils Robot-Defined Operations at Web Summit Qatar: Pioneering Future AI Autonomy In-Space and On-Earth

Munich, Germany, 3rd June 2025, ZEX PR WIRE, SALUTS (formerly Salutes Space) a leader in…

2 days ago

BET20 Casino Launches with €12,000 Crypto Bonus and Over 10,000 Games – No KYC, Instant Withdrawals

Huge Prizes Await: BET20 Crypto Casino Launches with Welcome Bonuses Up to €12,000 + 150…

3 days ago