🚀 Ether (ETH) revenge has begun! After being overtaken by Solana (SOL) in recent months, the price of ETH rose 8.9% in the last 24 hours, returning optimism to the Ethereum ecosystem. Jordi Alexander, CIO of Selini Capital, mentioned on X (formerly Twitter) that the rally of several altcoins and the purchase of $615 million in Bitcoin by Michael Saylor are solid bases for ETH to continue rising in the coming weeks. Do you think ETH will continue to rise? Comment below! 👇
Meanwhile, rivalry between members of the Solana and Ethereum communities has increased in recent weeks. Although ETH has gained 102% so far this year, its performance has been eclipsed by Solana's impressive 951% rise. Some argue that Solana is superior due to its lower fees and faster settlement times, while Ethereum advocates point to scalability solutions like Optimism and Arbitrum for lower fees on ETH.
Right now, ETH is trading at $2,417, up 8.9% in the last 24 hours. On the other hand, Solana has taken a break from its recent bullish streak, trading at $104, a loss of 4.2% over the past day.