Two altcoins are crushing Ethereum (ETH) by way of lively addresses and each day transactions, in response to a brand new report from enterprise capital large Andreessen Horowitz (a16z).
The enterprise capital agency checked out lively addresses measured over a 30-day interval as of Might twelfth, Ethereum had 5.5 million, in comparison with 9.4 million for Binance Chain’s Binance Coin (BNB) and a whopping 15.4 million for Solana (SOL).
Andreesen Horowitz additionally probed each day transactions, wanting on the 30-day common. As of Might twelfth, ETH had 1.1 million, in comparison with 5 million for BNB and 15.3 million for SOL.
Ethereum, nonetheless, has a far larger demand for block area. The main sensible contract platform by market cap witnessed greater than $15 million value of transaction charges over a seven-day common, in comparison with about $1.3 million for BNB Chain and solely $62,041 for Solana.
The agency additionally discovered that Ethereum simply attracts probably the most builders out of the three blockchain ecosystems.
“Ethereum’s reputation can be a double-edged sword. As a result of Ethereum has traditionally prized decentralization over scaling, different blockchains have been in a position to swoop in and entice customers with guarantees of higher efficiency and decrease charges. (Some may argue they accomplish that on the expense of safety.)”
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