Ethereum vs Solana: Which Altcoin Will Lead in This Cycle?

Some analysts are optimistic about the prospects of Solana (SOL), predicting it will become the leading altcoin in the next bull cycle. SOL has seen significant growth in the second half of 2023, even outperforming Bitcoin. However, Solana is also facing challenges, including regulatory issues from the U.S. SEC and a lack of developed futures markets. Although Solana has a much higher theoretical throughput than Ethereum (65,000 TPS compared to 15 TPS), Ethereum remains the leading platform for smart contracts and DeFi, possessing a larger and more diverse dApp ecosystem. Whether Solana can surpass Ethereum will depend on multiple factors, including its ability to address network stability issues and attract more developers and users.