Ethereum & Solana Gain Traction as Bitcoin Faces Outflow

Bitcoin faces challenges, with over $500 million outflow from its main fund, opening opportunities for Ethereum and Solana. Ethereum, launched in 2015, offers smart contracts and energy efficiency, but struggles with high transaction volumes. Solana, launched in 2020, is praised for speed and low fees, but faces centralization concerns. Both have investment funds in the US, indicating growing interest and competition in the cryptocurrency market.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.