Solana Network May Soon Surpass Ethereum in Transaction Fees

According to TechFlow, the Solana network may soon surpass the Ethereum network in transaction fees, which could be a major development for Solana's status as the so-called "Ethereum killer."

According to Dan Smith, senior research analyst at Blockworks, in a May 7 article, Solana may surpass Ethereum's transaction fees this month or even this week. In addition, Solana's $2.8 million total economic value was close to Ethereum's $3.1 million total economic value on May 7, showing its potential to compete with Ethereum.