Solana (SOL) Faces Stiff Competition From Another Hot Ethereum Competitor, Says Coin Bureau - BitcoinEthereumNews.com
क्रिप्टो Ethereumसिक्का ब्यूरो का कहना है कि सोलाना (एसओएल) को एक और हॉट एथेरियम प्रतियोगी से कड़ी प्रतिस्पर्धा का सामना करना पड़ता है04 / 18 / 2022बिटकॉइन एथेरियम समाचार A closely followed crypto analyst says that another altcoin is emerging as a major competitor of Solana (SOL) as the leading Ethereum challenger faces technical hurdles. In a new video, pseudonymous Coin Bureau host Guy tells his two million YouTube subscribers that investors are looking for a Solana alternative after network outages and hacks that affected the blockchains perceived reliability. The analyst says investors are now looking at decentralized app (DApp) platform Near Protocol (NEAR). Near Protocol appears to have been the primary recipient of these users and investors, which makes sense given that it seems to be Solanas primary competitor. Their blockchains have similar architectures, they use the same programming language, the software companies which built them are based in the same area and theyre backed by the same crypto VCs. The analyst points to other reasons why the price of SOL could be struggling despite updates, developments, anouncements and partnerships. SOL is an altcoin and that means its price action is highly correlated with BTC‘s. As you’ve probably noticed by now, Bitcoin has been having a