
heiseyenix611
@heiseyenix611
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Solana’s NFT market share surge heightens its rivalry with Polygon (MATIC), leveraging its technical superiority. Solana’s Proof-of-History (PoH) and Proof-of-Stake (PoS) enable 65,000 TPS with fees below $0.01, outpacing Polygon’s 7,000 TPS as an Ethereum Layer-2 solution, where fees are low but still higher than Solana’s. Solana’s monolithic architecture ensures high throughput and low latency, ideal for NFT minting, while Polygon relies on Ethereum’s ecosystem for security, limiting its independence. However, Polygon’s EVM compatibility and broader dApp support give it an edge in developer adoption, though Solana’s speed drives its NFT dominance. 0 reply
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Since Cardano (ADA) launched smart contracts in September 2021, its price has had ups and downs. Initially, it hit $3, but then dropped over 90% by 2024, showing a mixed market reaction. Adoption has grown, with over 1,000 new smart contracts in April 2024, boosting DeFi activity. However, compared to Ethereum or Solana, its developer community and DApp ecosystem remain smaller, suggesting slower adoption despite technical promise. Recent news hints at a potential rebound. 0 reply
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