CandleFocus Solana Overtakes Ethereum for Large Transfers Among Broker-Dealers
2025-03-09
Author: Content Editor
Broker-dealers in the crypto sector are shifting from using the Ethereum blockchain to the Solana blockchain for large transactions. This shift is due to the faster and cheaper transactions on Solana, as well as the increased stablecoin liquidity on the platform. Ethereum's high gas fees and congestion issues make it less appealing for large operations. The preference for Solana by broker-dealers signifies a growing trust in its infrastructure and stability. If Ethereum fails to address its cost and scalability challenges, more institutional users may move to other blockchains like Solana.
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