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Solana Outpaces Ethereum in Economic Value, Powered by Memecoins

  • The Solana network reached a record-high economic value of $11.09 million, driven by increased Memecoin activity and technological advancements.
  • Solana's economic activity starting October 19 has even exceeded Ethereum.
  • The explosive Memecoin market functioning on Solana's network is mostly responsible for this outstanding statistic.
  • Solana's performance has been much improved by technological developments, including the Firedancer validator client.

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