Two altcoins are crushing Ethereum (ETH) in phrases of lively addresses and day by day transactions, in keeping with a brand new report from enterprise capital big Andreessen Horowitz (a16z).
The enterprise capital agency checked out lively addresses measured over a 30-day interval as of May 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 day by day transactions, wanting on the 30-day common. As of May twelfth, ETH had 1.1 million, in comparison with 5 million for BNB and 15.3 million for SOL.
Ethereum, nevertheless, has a far increased demand for block house. 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 essentially the most builders out of the three blockchain ecosystems.
“Ethereum’s reputation can also be a double-edged sword. Because 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 would possibly argue they accomplish that on the expense of safety.)”
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https://dailyhodl.com/2022/05/19/two-ethereum-rivals-are-far-outperforming-eth-in-pair-of-key-metrics-says-venture-capital-giant-andreessen-horowitz
