Solana Trading Volume Exceeds Ethereum's, Fueling Revenue Surge in February

Solana (SOL) is outperforming Ethereum (ETH) in February, reporting trading volumes exceeding $60 million compared to Ethereum's $34 million as of February 11. This surge in volume resulted in Solana generating $124 million in revenue in January, surpassing Ethereum's $109 million. Solana's lower transaction fees and faster transaction times, particularly within its meme coin market, contribute to this advantage. Over the past 12 months, Solana's price has increased by approximately 80%, while Ethereum's has declined by 2%.