Is Solana actually the ETH killer everyone says?

Started by CryptoKing99 · Jan 14, 2026 · 8 posts
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T
I made good money on SOL memecoins last year. The ecosystem is growing fast, especially the DeFi side. Jupiter exchange is legit.
C
Every cycle there's an 'ETH killer' and every cycle ETH survives. SOL had like 5 major outages in 2023 alone. Hard pass for me as a long term hold.
C
Been watching SOL for months now. The transaction speeds are insane compared to ETH, but I keep hearing about network outages. Anyone here actually building on Solana? Is the ecosystem mature enough to challenge Ethereum long term?
B
SOL is fast no doubt but ETH has the developer ecosystem locked down. L2s like Arbitrum and Base are solving the speed issue already. I think they can coexist tbh.
C
Solana has the speed but ETH has the ecosystem. Until Solana can match the DeFi depth and developer tooling on Ethereum, it is more like an ETH alternative than a killer. Both can coexist imo.
N
Been using Solana daily for about 6 months now. The transaction fees are basically zero compared to ETH gas. But I have also experienced 3 outages in that time so reliability is still a concern.
D
People forget that ETH killer narratives have come and gone - EOS, Cardano, Avalanche... Solana is the closest contender but ETH keeps evolving too. The merge was huge.
P
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