#Gate广场圣诞送温暖 SOL is becoming the second ETH: The comeback and inheritance of the public chain track

In the competition of public chains, Ethereum's (ETH) foundational position is being rapidly challenged by Solana (SOL). Its evolution trajectory from technology, ecology to market is replicating ETH's successful path, becoming the highly anticipated "second ETH."

Technically, SOL breaks the performance bottleneck of ETH with a hybrid consensus of PoH + PoS, achieving a measured throughput of 4000-6000 TPS and transaction fees as low as $0.00025. After the Firedancer client upgrade in 2025, both stability and throughput will see further breakthroughs, addressing the shortcomings of the ETH base layer.

On the ecological level, SOL achieved exponential growth in just a few years. By 2025, active addresses will exceed 120 million, the developer community will grow by 300%, and both DEX trading volume and TVL will significantly increase, covering all scenarios including DeFi, NFTs, and blockchain games, reminiscent of the early explosive growth of ETH.

On the market side, SOL has risen over 3000% since its low in 2022, with its market capitalization approaching 30% of ETH. Institutions such as JPMorgan and BlackRock are actively positioning themselves, with spot ETF applications pending approval, while also attracting a large number of retail investors, creating a dual drive of "institutions + retail investors."

SOL is not a replacement for ETH, but rather an iterative upgrade. It has already established three core elements: technology, ecology, and capital. In the wave of blockchain practicality, it is becoming a key force leading the industry into the next decade.