Blockchain payment index ranking were released and Solana is ranked First while Ethereum 5th…
A data scientist developed a system to determine payment efficiency of all chains, Alex in his X has today posted the top 12 blockchain in rank measuring performance in term of payment efficiency here are the results
At the top is Solana saying it has the highest overall score it ranks 4th in speed and 5th in stablecoin liquidity provision and that it has solid liquidity but lags behind Tron and Ethereum
The second place is polygon has excellent performance in terms of speed my take is that they increase the number of transactions
At third is Stellar and has the lowest transactions of any blockchain he says it was built for cross chain and still has a huge institutional adoption, however it has low stablecoin liquidity
At fourth is Tron Tron has high stablecoins liquidity a leader in P2P payment however one critical weakness was it's high transactions fees And at 5th is Ethereum which has the highest stablecoin liquidity highest volume but lacks behind in speed and has high transactions fees
he then went ahead to explain how he examine them clearly and the metrics used.
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