Solana outranks Ethereum in key DeFi profitability metric

In the last 24 hours, Solana earned 1.49 million USD in fees, exceeding Ethereum’s 1.09 million USD despite having a lower Total Value Locked.

Solana’s price rose by 5.01%, outperforming Ethereum’s increase of 2.27%. Both face declining trading volumes, with Ethereum experiencing a 25.16% drop.

Peter Brandt forecasts Solana could double in value compared to Ethereum, suggesting ongoing developments within both ecosystems.

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