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- Solana Co-Founder Anatoly Yakovenko stated Solana may operate as an Ethereum L2.
- Yakovenko stated this could be doable as soon as Ethereum’s danksharding was accomplished.
- Solana has flipped Ethereum in main crypto buying and selling metrics this 12 months.
In a current tweet on the social media platform X (previously Twitter), Solana Labs Co-Founder Anatoly Yakovenko stated “Solana is Ethereum”, seemingly hinting on the interoperability potentialities between the 2 chains.
“Solana is an Ethereum L2 by way of the wormhole eigenlayer,” Yakovenko tweeted. He continued by saying that Solana may operate as an Ethereum Layer-2 blockchain by way of the Wormhole EigenLayer. Wormhole is an open-source blockchain growth platform connecting the decentralized internet.
“As soon as danksharding is scaled up nobody goes to cease from submitting all of the Solana blocks into some information validating bridge contract on Ethereum.” Danksharding is predicted to enhance Ethereum’s scalability and efficiency.
Yakovenko’s statements are available in response to a tweet by Offchain Labs Co-Founder Steven Goldfeder highlighting Ethereum’s superiority. In doing that, Goldfeder listed the variety of prime Layer-2 initiatives constructed on Ethereum.
In the meantime, Solana, dubbed the Ethereum-killer, has risen by way of the acute downturns that adopted the FTX collapse final 12 months. Thus far this 12 months, the token has added a staggering 910% enhance to its worth, information from CoinMarketCap reveals.
The sporadic rise additionally pushed Solana to grow to be the fourth-ranked cryptocurrency community by market cap. The token is exchanging palms at $114, with an total market cap of $46 billion.
Whereas Solana’s market cap remains to be considerably decrease than Ethereum’s $269 billion, the Layer-1 community edged the latter in necessary buying and selling metrics in December. On December 20, Solana surpassed Ethereum in every day stablecoin quantity. A day prior, Solana flipped Ethereum in decentralized exchanges (DEX) 24-hour commerce quantity.
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