A crypto strategist is of the opinion that Solana (SOL) will continue to outperform Ethereum (ETH) during this period. The SOL/BTC pair has gained 4% in the last 24 hours, while ETH/BTC has gained 2.44%.
The analyst expects Solana to rise further, similar to Ethereum’s past performance. The high level of interest in Solana supports this view. Anonymous analyst “The Flow Horse” told his 253,400 followers on social media platform X that Solana will outperform Bitcoin (BTC). He suggested that Solana will repeat the success that Ethereum has shown in past cycles.
“I think Solana will follow the patterns that ETH has shown against BTC in past cycles. We know people prefer Solana, so I expect it to continue to outperform ETH unless there is an external influence. If you expect that without an external influence, you are assuming that people should move away from their preferred area and into an area that they are not interested in,” The Flow Horse said.
Currently, SOL/BTC is trading at 0.002219 BTC ($217), while ETH/BTC has risen to 0.03656 BTC ($3,581).
Artificial Intelligence Focused Projects
The analyst also believes that artificial intelligence (AI)-focused altcoin projects will play a significant role in the crypto industry. He strongly believes that these projects will have tangible impacts on the crypto world in the future. “The Flow Horse” noted that AI technology has the potential to create an effective narrative in the crypto world. However, he added that he thinks there are some rapid productions of such projects.
“The Flow Horse” continued: “While I think some AI stuff is being rushed, I think AI has the potential to be the first big narrative in the crypto world with tangible impacts. But remember, we’re in the early stages. I’m cautiously optimistic about all things non-AI, but I still think it’s going to be shaped by BTC leading the way in the end.”
These comments are seen as important signals of Solana’s current market performance and future potential, as investors continue to shape their strategies by considering AI-focused projects as well as general market dynamics.