Imagine trying to play a super fun video game on a really old computer! That's kind of what's happening with Ethereum, a type of cryptocurrency. It's struggling to handle lots of transactions because its system is outdated.
Solana, another cryptocurrency, is much faster and is getting more popular. Ethereum needs to get faster to keep up!
Experts say Ethereum needs new, special computer parts to speed things up. This will help it handle many more transactions and compete with other cryptocurrencies and even Artificial Intelligence (AI).
- Ethereum is slow at processing transactions.
- Solana is a faster alternative.
- Ethereum needs new hardware to improve.
- This will help it handle more transactions and become more useful.
| Fact | Number |
|---|---|
| Ethereum transactions per second | 10-62 |
| Solana's popularity | Surging |
| Cross-border transactions in 2023 (trillion $) | 190.1 |
