The crypto market is continuing its steady, if uneasy, recovery. Among winners today was Solana’s SOL surged 14% overnight to land on a price of $18.22 per token. continuing a stride that has helped the token grow over 30% in value since last weekend.
The surge could be related to news that some fresh capital hit the Solana network this week in the form of a $40 million boost from two key investors: the crypto exchanges OKEx and MXC.
Developed by a team of former Intel and Dropbox engineers, Solana was last year touted as a potential ‘Ethereum killer’ due to the fact that its blockchain has fewer fees and can process up to 50,000 transactions per second. Though Ethereum began a phased launch of its 2.0 upgrade last year (with expectations of up to 100,000 TPS in a few years), it’s still locked at about 14 TPS.
Ethereum stagnated a bit today, and grew less than a percent overnight. A single ETH coin is now worth $1,707. Still, that’s almost 4% cheaper than it was last we
Źródło: https://decrypt.co/63113/ethereum-killer-solana-surges-14-on-a-slow-market-day
