Solana Surpasses Ethereum Amidst High Transaction Fees

As Ethereum faces ongoing challenges with high transaction fees, Solana has emerged as a clear competitor, demonstrating its potential to attract and retain users. Anatoly Yakovenko, co-founder and CEO of Solana Labs, highlights the blockchain’s superior speed and affordability. He asserts that Solana is ‘build-ready’ for mass adoption, emphasizing its ability to handle significant transaction volumes. This advantage has fueled Solana’s growth, even surpassing Coinbase in transaction volumes during early 2025, despite Ethereum’s average transaction fees declining but not completely overtaking Solana.