Since the second half of last year, Solana (SOL) has grown 20 times in value, and its strong performance has nothing to do with the rise and fall of Bitcoin (BTC), and its price has been fluctuating around $200. Many people believe that this round of bull market will belong to SOL.
SOL was created by a US team to compete with Ethereum (ETH), which was created by Russian developers. In this market, BTC has almost no ecosystem of its own and seems a bit outdated in comparison. The current crypto ecosystem is mainly built around ETH and other public chains. In order to participate in the market more effectively, capitalists are likely to continue to support SOL and its ecosystem. Therefore, it seems only a matter of time before SOL breaks new highs, and its price is expected to approach ETH in the future bull market, although it seems unlikely to surpass ETH.
A bold prediction is that as a strong competitor to ETH, SOL may reach $500 in this round of bull market, and may even break $1,000 in the next round of bull market. If we regard SOL as ETH in 2019, investing when its value is low may really be able to get tens of times the return.
