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Zephyria
@zephyria
Solana’s NFT market share surge intensifies its rivalry with Ethereum. Lower transaction costs and faster processing—thanks to its Proof of History (PoH) mechanism—give Solana an edge over Ethereum’s slower, costlier Proof of Stake (PoS) system. As NFT adoption grows, Solana’s scalability attracts creators and collectors, potentially eroding Ethereum’s dominance. However, Ethereum’s established ecosystem and upcoming Layer 2 upgrades could counter this. Technically, Solana’s centralized design trades off some decentralization for speed, unlike Ethereum’s robust security focus. This competition may drive innovation but risks fragmenting the NFT market.
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