Solana 與以太坊：終極價值主張

Solana 取得了新突破，在每週指數的總交易費用和 MEV 提示方面優於 ETH。對於通常被稱為「以太坊殺手」的 Solana 來說，這是一個重要的里程碑。

Solana recently outperformed Ethereum in terms of total transaction fees and MEV tips on a weekly index. This marks a significant achievement for Solana, which is often touted as the “Ethereum killer.” Notably, SOL also surpassed ETH and all its Layer-2 solutions in fee revenue, highlighting strong network activity and adoption.

Solana 最近在每週指數的總交易費用和 MEV 提示方面優於以太坊。這標誌著 Solana 的一項重大成就，它經常被譽為「以太坊殺手」。值得注意的是，SOL 在費用收入方面也超過了 ETH 及其所有第 2 層解決方案，凸顯了強大的網路活動和採用率。

However, a point of contention arose regarding the inclusion of L2 fees in the comparison. Some argue that L2 activity should be considered in a separate metric. They highlight that ETH derives value from being in demand as a gas asset on other chains, which is a valid value accrual path. However, they contend that this is not directly comparable to another asset that both derives value as a gas asset and has the activity occurring on its chain. Additionally, they argue that Ethereum likely only needs to generate sufficient base fees to offset issuance to be sustainable.

然而，關於比較中包含 L2 費用的問題出現了爭議。有些人認為 L2 活動應該作為單獨的指標來考慮。他們強調，ETH 的價值來自於其他鏈上作為天然氣資產的需求，這是一條有效的價值累積路徑。然而，他們認為，這與另一種資產不能直接比較，後者既作為天然氣資產獲得價值，又在其鏈上發生活動。此外，他們認為以太坊可能只需要產生足夠的基本費用來抵消發行就可以實現永續發展。

A section of the community maintains that L2 activity benefits the Ethereum ecosystem by increasing demand for ETH as a gas asset. Others, however, place greater importance on direct on-chain activity. It's worth noting that the recent surge in SOL’s transaction fees can be largely attributed to the rising popularity of meme coin trading platforms on the network. This increased activity leads to higher demand for Solana’s blockchain, resulting in increased fees for validators and stakers.

社區中的一部分人認為，L2 活動透過增加對 ETH 作為天然氣資產的需求，有利於以太坊生態系統。然而，其他人則更加重視直接的鏈上活動。值得注意的是，近期 SOL 交易費用的飆升很大程度上可以歸因於網路上 meme 幣交易平台的日益普及。這種活動的增加導致對 Solana 區塊鏈的需求增加，從而導致驗證者和質押者的費用增加。

Community members also highlighted the direct correlation between network activity and fee generation, showcasing Solana’s efficiency in capturing value. While there were counterarguments regarding L2s, such as excluding L2 fees might not fully capture Ethereum's overall value proposition, the debate ultimately centers on key aspects of value measurement.

社群成員也強調了網路活動與費用產生之間的直接相關性，展示了 Solana 在獲取價值方面的效率。儘管對於 L2 存在反駁，例如排除 L2 費用可能無法完全體現以太坊的整體價值主張，但論點最終集中在價值衡量的關鍵方面。

Solana Vs Ethereum: The Ultimate Value Proposition

Solana 與以太坊：終極價值主張

The first issue is on-chain activity vs. off-chain activity. Here, the question is whether the focus should be on direct transactions on the base layer or the entire ecosystem. Next is the flow of value between the base layer and L2s. Does Ethereum really capture enough value from L2 activity to compensate for the loss of L1 activity? These questions remain to be answered.

第一個問題是鏈上活動與鏈下活動。這裡的問題是，重點應該放在基礎層的直接交易還是整個生態系統。接下來是基礎層和 L2 之間的價值流。以太坊真的能從 L2 活動中獲得足夠的價值來彌補 L1 活動的損失嗎？這些問題仍有待解答。

Overall, Solana's recent performance is a major development in the blockchain space. It challenges Ethereum's dominance and raises questions about the future of Layer-1 blockchains. Amidst the ongoing debate of L2s, Solana's performance is undeniably impressive and has captured the attention of the crypto community.

總體而言，Solana 最近的表現是區塊鏈領域的重大發展。它挑戰了以太坊的主導地位，並對 Layer-1 區塊鏈的未來提出了疑問。在 L2 的持續爭論中，Solana 的性能無疑令人印象深刻，並引起了加密社區的關注。