Solana outperforms Ethereum in daily transactions in Q2: Nansen report

Solana outperforms Ethereum in daily transactions in Q2: Nansen report

Hype does not always equate to greater adoption, as the on-chain data from the second quarter of 2022 shows Solana (

A recent governance proposal from Oct. 2022 highlighted the possibility of Helium, an Internet of Things (IoT) blockchain network, transitioning to Solana.

As Cointelegraph reported, Helium developers recommended the shift to “improve operational efficiency and scalability.” Emphasizing the need to fix a number of technical issues to improve the network’s capabilities, the developer community stated:

“In the last several months of the network, both have been challenging for network participants with much reduced proof-of-coverage activity due to network size and blockchain/validator load, and packet delivery issues.”

If passed, Helium-based HNT, IOT and MOBILE tokens and Data Credits (DCs) would also be transferred to the Solana blockchain.

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