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Solana has dramatically risen to become the new leader in blockchain transactions, overtaking Ethereum and a lineup of other prominent EVM-based Layer-2 contenders. According to the latest figures from DefiLlama, Solana’s 24-hour volume reached a staggering $3.869 billion, eclipsing Ethereum’s $2.398 billion. This achievement highlights Solana’s growing influence and efficiency in handling transactions on the blockchain.
Notably, even when Ethereum is considered alongside other major blockchain networks like Arbitrum, Avalanche, Polygon, and Optimism, Solana still leads the pack by a significant margin. The platform’s remarkable performance demonstrates its capability to handle a vast number of transactions efficiently, making it a preferred choice for users and developers alike. Solana’s ascendancy to the top of the blockchain transaction leaderboard marks a pivotal moment in the ongoing evolution of the blockchain industry, indicating a shift in user preferences and technology advancements.
