Solana generated higher fees despite having fewer users than Layer 2 solutions. Will SOL see green going forward?
year, as the crypto sector regained its footing and the bull run began. Due to the popularity of the Solana network, the activity on the protocol network grew materially.Despite boasting a potentially larger user base, L2s generate a mere fraction of the fees compared to Solana.
This suggests that while L2s have a wider user net, the average user on Solana spends significantly more on fees. This phenomenon could be attributed to several factors.
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