Solana Price if Captures Total Ethereum Market Cap.

Ethereum, with a market cap of $314 billion, is the second-largest cryptocurrency by market cap. Solana, on the other hand, with a market cap of $73 billion, possesses the potential to challenge Ethereum's dominance.

If it were to capture Ether's market cap, Solana price would experience a dramatic but not unexpected increase.

To match Ethereum's market cap, the price of Solana would increase to about $670, which represents a 335% increase from the current price.

Given the current SOL price of $154

and its circulating supply, achieving

Ethereum's market cap would propel

the Solana price to approximately

$670. This represents a significant

535% increase from its current trading value.

What Could Cause SOL Price to Surge 535%?

Solana has long been dubbed the Ethereum Killer, and it has never been as close to embodying this title as it was in 2024. Several factors could cause Solana's price to rise by 4.35X and surpass Ethereum's.

• High Transaction Speeds: Solana's ability to process transactions rapidly makes it an attractive platform for developers and users seeking efficiency.

• Low Fees: Solana's transaction fees are a fraction of Ethereum's, making it a cost- effective choice for decentralized applications (dApps) and protocols.

• Meme Coin Frenzy: The recent surge in meme coin popularity could further boost Solana's ecosystem, attracting more projects and investors to the platform.

• ETF Approval Potential: Although Solana recently missed its own ETF approval when the SEC rejected applications from VanEck and 21Shares, the approval of a spot Solana ETF in the future could significantly drive up SOL's price, potentially surpassing Ethereum's market cap.

• Increasing Total Value Locked (TVL):

Data from DeFiLlama indicates that the total value locked in the Solana blockchain has increased by 3.58% year- to-date, compared to Ethereum's 0.9% increase in the same period.