i've been deeply thinking about SOL vs. AVAX
like, the coins have roughly the same market cap / fdv ratio (AVAX is even better at 0.93 vs. SOL's 0.9)
AVAX has a max supply of 720M while SOL has infinite supply (!)
so how is SOL traded 10x more than AVAX?
something is missing, and that's what i want to find out, hopefully this week
i've been crafting multiple scenarios and analyzing different metrics
but i guess it must have something to do with validators on SOL having a higher incentive in staking, hence buying more and more SOL lock stake it
ofc throughput on the chain is something that needs to be included, but L1 validator fees on Avalanche will grow exponentially in the next 2-3 years - almost 13K AVAX per year are burned on this alone RIGHT NOW
11.24K
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