Solana (SOL) has surpassed Ethereum (ETH) and Tron (TRX) in terms of transaction fees, recording $2.06 million in the last 24 hours. Solana currently ranks ninth in terms of cumulative revenue fees, outperforming both Ethereum and Tron. This dominance has been ongoing for some time, with SOL generating $19.03 million in transaction fees in the last seven days and $193.02 million in the last 30 days. Analysts attribute Solana's success to high network demand, lower gas fees, and higher throughput compared to Ethereum. Despite the surge in revenue for SOL, its market value has not stabilized above $200. As of now, SOL is trading at $172.84 with a 2.54% increase in the last 24 hours.



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