UPDATED SUN 08 NOV · 14:16 UTCLIVE
CryptoMedium

Ethereum and Solana narratives: ETH as store of value, Solana trade share

Vitalik argues ETH should focus on being a store of value rather than a fee-burning token, while Solana's Fidelity-cited trade share is touted and Glamsterdam gas costs worry developers.

What we know

@toly backs Vitalik's point that fees aren't a product. @toly amplifies the claim that Solana handled ~15% of exchange trades per Fidelity Digital Assets. An account on X RTs a dev warning about 49M code-deposit gas under Glamsterdam. Another account on X also reports Vitalik's comments on AI compute.

How the story developed

08 Nov · 14:16 UTC

Vitalik argues ETH should focus on being a store of value rather than a fee-burning token, while Solana's Fidelity-cited trade share is touted and Glamsterdam gas costs worry developers.

07 Nov · 05:16 UTC

Devs are told to verify contracts after Glamsterdam, while Solana degens debate celebrity-token failures and bear-market-surviving memes.

Sources

@toly

“you can't focus on fees as the product”

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@toly

“Let's double it”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.