Part 12/17:
The contrasting performance between Ethereum and Solana underscores the fragmentation within the blockchain ecosystem. While Ethereum, the foundational smart contract platform, faces decentralization and scalability issues, Solana’s user experience and transaction volume continue to outpace many of its competitors.
James highlights Solana’s explosive growth in NFTs, DeFi, and stablecoins, with its transaction count nearly three times that of all other chains combined. This dominance is despite Ethereum’s long-standing reputation as the safe and secure chain—adoption speed, user convenience, and ecosystem health seem to favor Solana currently.