Most investors think about coins, tokens, and projects, but not about the blockchain platforms that support them. And that is perfectly fine.
Understanding blockchain technology was critical in the early days of cryptocurrency and crypto investing. But today it’s reasonable to invest and prosper without having to think about blockchain for a second.
However, blockchains are fascinating, both as the foundation of every modern cryptocurrency and for the ways in which they are distinct from one another. For investors, they weigh solana vs ethereum so they know what coin to invest in.
Solana vs Ethereum as an investment
The Solana blockchain is intended to function as the foundation for cryptocurrencies and distributed applications. The Solana protocol, like Ethereum, supports executable code. This is in the form of smart contracts. The key advantage of Solana is its exceptional Proof of History consensus mechanism. This permits the network to process numerous transactions per second. This is something very important for a worldwide network.
Ethereum blockchain so to say is the most prevalent. How big is the Ethereum blockchain? It depends on how you measure it. For the first time in 2021, the total number of transactions on Ethereum exceeded the number of transactions on Bitcoin. Because Ethereum is the base network for many cryptocurrencies, and most NFTs, it is sensible to classify Ethereum as the most popular blockchain network in the world.
Your investment in crypto advertising shouldn’t dwindle
As the crypto market continues to evolve, many businesses may be tempted to cut their advertising budgets to save money. However, this approach could prove disadvantageous in the long term. In an increasingly dense market, it is more important than ever to stand out from the competition. And with less competition in the industry, promoting your crypto venture can give you an edge over your competitors.
Competition has been systematically reduced and many projects are no longer able to use Google services for advertising. Even if certain crypto-related projects appeal to a crypto ad network, the best crypto ad networks make sure to only connect advertisers that meet high standards to apply to their publisher network.
By continuing to invest in advertising, a project with real value in the market can maintain or even increase its visibility, making it memorable for potential customers. Advertising helps keep your brand in the spotlight, which is crucial in an increasingly saturated market.
Furthermore, with less competition, your advertising investments become more effective and efficient. Instead of battling a multitude of competitors for attention, you have a better chance of reaching your target audience and getting your desired results.