Solana has marked several milestones in the just-passed year and in a few contexts, in terms of adoption SOL chain remains at the top surpassing the Ethereum chain.
A recent report by Franklin Templeton underscores that the Solana chain has emerged as one of the most adopted chain AI agents, which are also termed AI-powered virtual assistants.
It is worth noting that the report by the global asset manager also quotes that the spike in usage of the Solana chain has been primarily backed by the unique features it offers, SOL chain can handle transactions at faster speed with a lower transaction fee.
As per the available information these AI agents are developed or designed to interact with digital systems and humans, in order to offer hassle-free functioning in the crypto sector.
The most interesting fact, since AI technology has debuted in the mainstream market, its integration into the crypto industry has been transforming the old-school working mechanism through the development and launch of AI-based trading bots and AI-integrated systems helping to ease trading and other crypto-related activities.
Solana surpassed Ethereum in terms of revenue in 2024
In the just passed year, Solana has succeeded in bypassing Ethereum in terms of on-chain revenue, the available data set notes that the SOL ecosystem has generated around $750 million in the last quarter of 2024, yet Ethereum only netted $340 million in revenue.
Despite the surged revenue and popularity, the Solana ecosystem has mirrored criticism in the past few months due to the surged number of failed transactions by 60 percent in the network due to increased congestion on the Solana chain.
The total number of successful transactions on the Solana chain has seen a decline of 50 percent since the beginning of November 2024.
Will Solana beat Ethereum in terms of trading prices?
As for press time trading price, it seems Solana will require much more time to surpass Ethereum in terms of trading price as the difference between the prices of both cryptocurrencies is huge.
Until publishing, ETH was trading at $3,203 with an intraday decline of 1.42 percent, at the same time Solana (SOL) was exchanging hands at $186.92 with a loss of 1.57 percent.
The experts argue that Solana has greater potential and is expected to reach a new milestone in the near future, yet its token will require much more time to compete with Ethereum, in terms of prices, volume, and adoption.
Data available on CoinMarketCap notes that ETH traded highest at $4,106 in the past 52 weeks and its lowest recorded price was $2,122. In the same time frame, Solana has recorded the highest trading price of $263.83 and the lowest trade at $79.07.
Solana is the only ecosystem that has launched its in-house Web3 mobile to help users trade and do other related activities without fail.
Most recently Todayq reported that Solana is planning to launch its second mobile in the middle of 2025, the yet-to-be-launched phone will have upgraded features to the Saga mobile that it launched as its first phone.
The additional information notes that the seeker mobile of Solana will have a better display, camera, and processing power than the Saga mobile that it launched previously.
