TechFlow news, October 8 — According to a CryptoSlate report, ETC Group's latest report shows that despite competition from Solana and Aptos, Ethereum maintains a 45% market share. In the third quarter, Solana led cross-chain bridge capital flows with $1 billion in net inflows but is now facing challenges from Aptos' growing momentum. The ETC Group report notes that Aptos outperformed the average of other Layer-1 blockchains by 23%.
The Composite Network Dominance Index (CNDI) shows Ethereum at 45%, Solana at 35%, and Aptos at 20%. Although Ethereum has underperformed—attributed mainly to market pressures such as the Dencun upgrade in March 2024 and the unwinding of yen carry trades in August—it continues to demonstrate resilience and ongoing ecosystem expansion. Solana and Aptos have shown significant network growth, with both daily active addresses and transaction volumes increasing on a quarterly basis. Aptos’ strong performance has been driven largely by Tapos Cat Game, highlighting its importance in the GameFi sector and its ability to process high transaction volumes at low cost.
