Matrixport: Ethereum’s Dencun upgrade may cause SOL’s transaction volume to drop
Matrixport stated on social media that Solana is a key advantage in the recent meme coin hype because launching and trading on Solana is cheap, while Ethereum's GAS fees are still relatively expensive until the Dencun upgrade. Therefore, this upgrade may lead to a decrease in SOL/USDT trading volume.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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