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kripcat.eth š©
@kripcat.eth
So Base has about 25% of the active addresses of Solana, but only 3% of Solana's daily transaction count. So, roughly, each Base wallet is making 5 transactions per day but every Solana wallet is making 41 transactions per day? What the hell are those guys doing over there?
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kripcat.eth š©
@kripcat.eth
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streetphotography.eth
@streetphoto
Are you comparing total SOL txns or non-vote txns?
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shazow
@shazow.eth
Keep in mind that SVM is designed to facilitate many transactions per action (eg. CLOB swap can be tens of txns), whereas EVM pushes to one txn per action (eg. AMM swap is always one txn). This is one of many reasons why TPS is a bad metric.
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MTH
@mthch
It's all fake on Solana.
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