Solana 与以太坊：终极价值主张

Solana 取得了新突破，在每周指数的总交易费用和 MEV 提示方面优于 ETH。对于通常被称为“以太坊杀手”的 Solana 来说，这是一个重要的里程碑。

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 最近在每周指数的总交易费用和 MEV 提示方面优于以太坊。这标志着 Solana 的一项重大成就，它经常被誉为“以太坊杀手”。值得注意的是，SOL 在费用收入方面也超过了 ETH 及其所有第 2 层解决方案，凸显了强大的网络活动和采用率。

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，关于比较中包含 L2 费用的问题出现了争议。一些人认为 L2 活动应该作为单独的指标来考虑。他们强调，ETH 的价值来自于其他链上作为天然气资产的需求，这是一条有效的价值累积路径。然而，他们认为，这与另一种资产不能直接比较，后者既作为天然气资产获得价值，又在其链上发生活动。此外，他们认为以太坊可能只需要产生足够的基本费用来抵消发行就可以实现可持续发展。

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.

社区中的一部分人认为，L2 活动通过增加对 ETH 作为天然气资产的需求，有利于以太坊生态系统。然而，其他人则更加重视直接的链上活动。值得注意的是，近期 SOL 交易费用的飙升很大程度上可以归因于网络上 meme 币交易平台的日益普及。这种活动的增加导致对 Solana 区块链的需求增加，从而导致验证者和质押者的费用增加。

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.

社区成员还强调了网络活动与费用生成之间的直接相关性，展示了 Solana 在获取价值方面的效率。尽管对于 L2 存在反驳，例如排除 L2 费用可能无法完全体现以太坊的整体价值主张，但争论最终集中在价值衡量的关键方面。

Solana Vs Ethereum: The Ultimate Value Proposition

Solana 与以太坊：终极价值主张

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.

第一个问题是链上活动与链下活动。这里的问题是，重点应该放在基础层的直接交易上还是整个生态系统上。接下来是基础层和 L2 之间的价值流。以太坊真的能从 L2 活动中获取足够的价值来弥补 L1 活动的损失吗？这些问题仍有待回答。

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.

总体而言，Solana 最近的表现是区块链领域的重大发展。它挑战了以太坊的主导地位，并对 Layer-1 区块链的未来提出了疑问。在 L2 的持续争论中，Solana 的性能无疑令人印象深刻，并引起了加密社区的关注。