Solana might have a shot at flipping Ethereum, but only if it can overcome a series of obstacles.
A major upgrade on Solana aimed at increasing transaction processing this year, paired with a potential “breakthrough” consumer app, could be all that’s needed for Solana to finally live up to its moniker as an "Ethereum killer."
That is, at least, what Solana’s proponents believe, amid a fresh wave of on-chain activity, increasing developer count, and a growing number of users, boosted partly by a memecoin-led resurgence in December.
Speaking to Cointelegraph, Austin Federa, the head of the strategy at Solana Foundation says a flippening could come from a flood of consumer-facing applications built on Solana.