Solana vs Ethereum – $4.4T traded, RWA holders flipped – But who wins?
Solana's trading activity has surged over three years, accumulating $4.4 trillion in total volume. Weekly trading, once below $10 billion, grew significantly in 2024, often reaching $20–40 billion and briefly spiking to $120–130 billion during memecoin-driven speculation. It has since stabilized around $12–15 billion, reflecting sustained retail demand due to its low-fee structure.
In Real World Assets (RWA), Solana surpassed Ethereum in holder count (154,942 vs. 153,592), indicating broader retail accessibility. However, Ethereum leads in RWA value ($15.45B vs. $1.79B), maintaining its role as the institutional hub.
Despite high trading volume, Solana's liquidity is thinner (0.4 liquidity-to-volume ratio vs. Ethereum’s 4.57), making it efficient for small trades but challenging for large orders. It benefits from $15.4B in stablecoin supply and high throughput with minimal fees. Ethereum retains a structural advantage with deeper liquidity and institutional settlement capabilities.
ambcrypto03/08 10:02