Solana outperform Ethereum in day-to-day deals in Q2: Nansen report

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Solana outperform Ethereum in day-to-day deals in Q2: Nansen report

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Daily deals in the Solana blockchain continually boosted,

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ending with more than 40 million everyday purchases contrasted to Ethereum's 1 million day-to-day deals in between April and June, confirmed Nansen's State of the Quarter Report

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Solana's significant rise in everyday deals was observed on everyday non-vote transactions when contrasted to Ethereum-- in spite of showing off greater volatility

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When considering vote transactions, Solana videotaped a range of roughly 100 million to 200 million purchases daily

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Solana's explosive development can be attributed to a series of funding from mid-2022 made to support the GameFi, decentralized financing (DeFi) as well as nonfungible token (NFT) ecosystems

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A recent governance proposal from Oct. 2022 highlighted the opportunity of Helium, an Internet of Things (IoT) blockchain network, transitioning to Solana

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If passed, Helium-based HNT, IOT and also MOBILE tokens and also Data Credits (DCs) would additionally be transferred to the Solana blockchain

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Everything You Wanted to Know about Cryptocurrency, Before Invest

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References:- 1. cointelegraph.com 2. bitcoinist.com 3. thecoinrepublic.com

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