Cardano founder: Solana's growth momentum is faster than Ethereum's.

AI Summary1 min read

TL;DR

Cardano founder Charles Hoskinson notes Solana's rapid development and transaction processing speed give it a current advantage over Ethereum, which builds slower but may have broader future impact. Solana's fast upgrades support tokenized stocks, with recent platform value reaching around $185 million.

Tags

SolanaEthereumSEC Security TokenSolana EcosystemLayer 1Cardanoblockchain competitiontokenized stocks

[Cardano Founder: Solana's Growth Momentum is Faster Than Ethereum] According to Newsbtc, Cardano founder Charles Hoskinson believes the competitive landscape between Solana and Ethereum will differ over time. Solana may quickly gain an advantage due to its rapid development speed, while Ethereum tends to build a broader, slower-developing system, which could have a greater impact in the future. Hoskinson stated that the Solana network processes a large number of transactions daily and can upgrade more quickly. This speed advantage helps projects bring tokenized stocks and other financial instruments on-chain. It is reported that the total value of tokenized stocks on the Solana platform recently reached approximately $185 million.

Visit Website