Top 10 Solana Competitors to Consider Amid Network Transaction Failures
Top 10 Solana Competitors to Consider Amid Network Transaction Failures
Solana's network issues have escalated affecting investors' confidence and preventing the use of its DeFi ecosystem. In this context, we highlight ten competitors to consider amid transaction failures.
- Over 69% of Solana transactions failed confirmation on April 7.
- Network issues extend beyond data, with most transactions failing at an early stage.
Users now evaluate alternative blockchain solutions offering higher efficiency and usability. Notable competitors include Ethereum, BNB Chain, Cardano, Avalanche, Near Protocol, Fantom, Sui Network, MultiversX, Tezos, and Radix.
Investors must weigh risks and benefits of competing chains for a well-informed decision making.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.