{"id":26572,"date":"2025-05-13T15:01:41","date_gmt":"2025-05-13T15:01:41","guid":{"rendered":"https:\/\/dogewisperer.com\/solana-faces-competition-from-sui-ton-base-blockchains-report\/"},"modified":"2025-05-13T15:01:41","modified_gmt":"2025-05-13T15:01:41","slug":"solana-faces-competition-from-sui-ton-base-blockchains-report","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26572","title":{"rendered":"Solana Faces Competition From Sui, Ton, Base Blockchains: Report"},"content":{"rendered":"<div>\n<p><strong>Solana<\/strong>&#8216;s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/sol\/usd\">SOL<\/a>) rapid rise as a high-performance blockchain is tempered by growing competition and network vulnerabilities, according to <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/44708344\/21shares-launches-dogecoin-fund-backed-by-dogecoin-foundation\">a new 21Shares report<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>The <a href=\"https:\/\/x.com\/adrianwjfritz\/status\/1922226884818968713?s=46\">analysis<\/a> highlights challenges like rival Layer 1 and Layer 2 networks, limited decentralization and reliance on speculative trading as key risks to Solana&#8217;s dominance.<\/p>\n<p>Despite its $80% surge in 2024 and $364 billion in transaction volume in early 2025, these hurdles could slow its trajectory.<\/p>\n<p>&#8220;Layer 2 solutions like Base and newer Layer 1 networks such as <strong>Sui <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">SUI<\/a>), <strong>TON <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">TON<\/a>) and <strong>Monad <\/strong>present growing competition due to their &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45380119\/solana-faces-competition-from-sui-ton-base-blockchains-report\" alt=\"Solana\" faces competition from sui ton base blockchains: report>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana&#8216;s (CRYPTO: SOL) rapid rise as a high-performance blockchain is tempered by growing competition and network vulnerabilities, according to a new 21Shares report. What Happened: The analysis highlights challenges like rival Layer 1 and Layer 2 networks, limited decentralization and reliance on speculative trading as key risks to Solana&#8217;s dominance. Despite its $80% surge in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-26572","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26572"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26572\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}