Solana has recently surpassed the Ethereum blockchain in daily fee collection, generating $192.06 million in fees compared to Ethereum's $187.67 million in the past 30 days. This achievement has propelled Solana to the fifth position in terms of blockchain fees. Additionally, Solana-based decentralized exchanges (DEXes) have reached a notable milestone, surpassing $100 billion in monthly trading volume. This surge in performance highlights Solana as a strong competitor to Ethereum in the blockchain ecosystem. Solana's native cryptocurrency, SOL, has experienced a remarkable 300% surge this year, reaching a new high of $261. However, its upward momentum seems to be slowing, with a current price of around $236.78 and an 8% drop in the last 7 days.



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