Visa has recently conducted an evaluation of select Layer 1 (L1) blockchains, including Ethereum and Solana, focusing on their potential to be integrated into Visa's settlement layer. The assessment included a comparison of the Ethereum and Solana gas models, as well as transaction times across various L1 blockchains. Meanwhile, the ETH/SOL ratio has seen a significant increase, rising about 50% from its end-2023 lows, though it remains at the lower end of its historical range.
Trading on ETH vs SOL π€ https://t.co/3wfk2d6nC5
Visa graded transaction time across L1s Visa also compared Eth to Sol https://t.co/CJtbgie1zT
Visa evaluated a select few of L1 blockchains The results are what you would expect https://t.co/ESBXH0KbBH
Visa evaluated a select few of L1 blockchains. This is what they had to say H/T @martypartymusic https://t.co/VeteCvvoiN
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So @Visa evaluated #Solana vs #Ethereum gas model and reported this slide π https://t.co/lJtO0XpS7v
So @visa evaluted these layer 1 blockchains to onboard their settlement layer - here are the resultsπ https://t.co/7YoAvQcWCz
Visa evaluted these layer 1 blockchains to onboard their settlement layer - here are the resultsπ https://t.co/jIkrqmIQwK
ETH/SOL ratio up about 50% from end-2023 lows but still at the very bottom of historic range. https://t.co/iTF8NJqp0R