This Analyst Thinks Solana Is Paying Exorbitantly For Higher Bandwidth
David Hoffman, a crypto analyst and Ethereum influencer, has picked out a concerning disconnect in Solana relating to the number of SOL issued and the fees the network captures. Taking to X, the social media platform, Hoffman said Solana distributes roughly $1.8 million worth of SOL daily while only capturing a fraction in fees at approximately $40,000. […]
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Bank of America’s analyst says that Solana could take market share away from Ethereum. Noting that Solana is optimized for micropayments, gaming, and non-fungible tokens (NFTs), the analyst expects “Solana could become the Visa of the digital asset ecosystem.”
Bank of America on Crypto, Ethereum, and Solana
Bank of America (BOFA) analyst Alkesh Shah published a research note on cryptocurrency this week arguing that Solana could take market share away from Ethereum.
The Bank of America analyst described that Solana “produces a....
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Unused bandwidth and its accessibility are two problems that need addressing as the world becomes more connected. How is the decentralized bandwidth vision becoming a reality?Users will be able to tokenize their bandwidth and sell it in a decentralized trading marketplace to help provide low-cost access to the internet.PKT is the only layer-1 blockchain that is designed to support bandwidth trading marketplaces and high-speed internet service. PKT uses the world’s first bandwidth-hard proof-of-work (PoW) mining solution to create an economic incentive while building a high-speed data....