Solana flips Ethereum in fees, but Ethereum keeps the burn lead
- —Solana 24-hour chain fees: about $1.1 million vs Ethereum's $649,423
- —24-hour burns: $226,298 on Ethereum vs $117,138 on Solana
- —30-day fees: $23.58 million on Solana vs $12.04 million on Ethereum
- —30-day burns: $2.8 million on Ethereum vs $2.66 million on Solana
Why it matters: Solana's fee growth does not translate into burns because priority fees go to validators, while Ethereum retains its deflationary edge.
Source: CryptoSlate