The report shows that the closure rate of Ethereum projects is lower than Solana
The report from venture capital fund Lattice shows that in the past two years, about one-fifth of Ethereum projects have shut down, which is lower than the 26% failure rate of Solana projects. Projects based on BNB Chain are the least active, with a third of teams ceasing operations.
The report also points out that since 2022, nearly 80% of seed-stage startups on Ethereum have successfully launched products, while only 60% of Solana projects have achieved this goal.
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