Illustration by Mitchell Preffer for Decrypt

After weeks of jubilance over the Solana ecosystem’s resounding comeback—one that boosted SOL, Solana NFTs, Solana meme coins, and even the lackluster Solana smartphone—the momentum began to cool this week, triggering intensified exchanges between advocates of the blockchain and those of its dominant rival, Ethereum. 

On Thursday, Ethereum co-founder Vitalik Buterin bemoaned the dying Web3 vision that originally spurred much crypto development, blaming stalled progress on the exorbitant cost of gas fees. 

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Author: Sander Lutz

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