Analysts at crypto hedge fund Pantera Capital believe Solana (SOL<\/a>) could soon start pulling market share away from Ethereum (ETH<\/a>) and other layer-1 competitors.<\/p>\n In its latest Blockchain Letter, Pantera analysts Franklin Bi, Cosmo Jiang and Eric Wallach say<\/a> that Solana\u2019s monolithic architecture gives it a sizable advantage over other blockchain projects.<\/p>\n \u201cSolana\u2019s monolithic design and relentless focus on optimization offer distinct advantages in terms of user experience, developer agility and security. As the blockchain industry matures, these strengths position Solana to thrive and gain market share from competing ecosystems. <\/em><\/p>\n While the road ahead is not without challenges, Solana\u2019s fundamentals are firing on all cylinders. Retail adoption is surging, developers are flocking to build groundbreaking applications and value capture is accelerating. As its ecosystem continues to evolve and mature, Solana\u2019s architectural advantages and vibrant community point towards a bright future.\u201d <\/em><\/p>\n The analysts say several metrics point to Solana becoming a preferred ecosystem, including rising token launches, DEX usage and staking rewards.<\/p>\n \u201cThe case for Solana is playing out in real-time, with key fundamentals like user growth and transaction fees accelerating rapidly\u2026 <\/em><\/p>\n Taken together, the combination of Solana\u2019s expanding retail user base, record-breaking token launches, dominant DEX (decentralized exchange) growth and surge in staking rewards presents a compelling fundamental case. Solana\u2019s architectural advantages are enabling it to capture an outsized share of the new demand coming into the blockchain space, accelerating its ascent as a rival to Ethereum.\u201d<\/em><\/p>\n Solana is trading for $136 at time of writing, up 1.6% in the last 24 hours.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Featured Image: Shutterstock\/Shacil\/WhiteBarbie<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" Analysts at crypto hedge fund Pantera Capital believe Solana (SOL) could soon start pulling market share away from Ethereum (ETH) and other layer-1 competitors. In its latest Blockchain Letter, Pantera analysts Franklin Bi, Cosmo Jiang and Eric Wallach say that Solana\u2019s monolithic architecture gives it a sizable advantage over other blockchain projects. \u201cSolana\u2019s monolithic design […]<\/p>\n","protected":false},"author":2,"featured_media":327008,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-326991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/326991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=326991"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/326991\/revisions"}],"predecessor-version":[{"id":327013,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/326991\/revisions\/327013"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/327008"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=326991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=326991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=326991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n
Check Price Action<\/a><\/span><\/em>
\n
Follow us on X<\/a>, Facebook<\/a> and Telegram<\/a><\/span><\/em>
\n
Surf The Daily Hodl Mix<\/a><\/span><\/em>
\n<\/p>\n
\n![](\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\")
<\/p>\nDisclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n