📊 Solana's on-chain development surpasses Polkadot and Cardano, despite the recent DDoS attack.

in #bitcoin3 years ago

🔹 According to Santiment data, Solana has surpassed Polkadot and Cardano's daily GitHub update rates to become the top blockchain over the past month.

🔹 The increase in on-chain development activity for Solana continues, following a DDoS attack last week that slowed the network down significantly.

🔹 Solana has been treated to mitigate problems without shutting down the network, but it raises serious concerns about the network's vulnerability.

✔️ CONCLUSION:

Solana has emerged as one of the fastest growing smart contracts in 2021, and an increasing choice for upcoming DeFi and NFT projects.

Solana's growing popularity is often compared to Ethereum, even dubbed the "Ethereum killer" by some. However, growing concerns about the fundamentals of the network, could make that goal increasingly utopian.

SOL hit a new all-time high above $260 before the DDoS attack, but fell to a weekly low of $164.15.

👉 This is news for reference, not investment advice.

< Source : Cointelegraph >