In his recent comments, legendary trader and investor Raul Paul made an interesting comparison between two prominent proof-of-stake networks, Ethereum and Solana.
According to Paul, using Solana has a completely different feel, which makes it a relatively more user-friendly option. Once someone starts using Solana, he says, “it feels incredibly fast, smooth, engaging and easy for the user.”
Paul further compares Solana to the Apple of the blockchain world, while he considers Ethereum to be Android; Because Solana wins the battle for performance based on its speed, while making it comparable to Android due to the massive repository of decentralized apps hosted on the Ethereum network.
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Both these networks win.
According to Paul, Solana can do almost anything Ethereum can do. He has said before that his opinion of Solana has been bullish all year.
Paul's praise of Solana underscores the optimism of most industry leaders about the cryptocurrency, especially since it has made a strong comeback after the FTX exchange went bankrupt despite its selling pressure. According to market data, Solana hit its 2023 price high in mid-November.
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