Ethereum's on-chain adoption is surging, closing in on Solana's pace. The Dune Index, tracking transaction fees, transaction volume, and USD transfers, reveals Ethereum's rapid growth, largely driven by skyrocketing fees. Meanwhile, Solana shines with the highest transaction volume. What's behind this uptrend?

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With Ethereum's fees skyrocketing, it's no surprise users are flocking to the network, driving adoption and growth. Solana's high transaction volume is likely due to its high speed and low fees, making it an attractive alternative for users seeking cheaper and faster transactions.