When comparing the strength of $SOL and $ETH , you can look at it from several angles:

1. Advantages of SOL

SOL's strength does not simply stem from the chain itself, but from the strong support of the bookmakers behind it. This round, SOL advocates a people-friendly strategy and relies on low-cost projects to attract users. Although it is not high-end, its activity is still significant.

2. Challenge of $ETH

ETH surged in the last bull market due to decentralized finance (DeFi, staking, lending), but this round is facing difficulties due to regulatory pressure. Although the high leverage on the chain has created benefits, it has also brought about huge bubbles. . Although ETH continues to innovate, there seems to be a lack of new breakthroughs in this round except for the move to PoS.

3. The impact of ETFs

If the ETF is approved, a potential sell-off from Grayscale could impact the market. If I were the dealer, I would not actively pull the market at this stage.

4. Long-term and short-term considerations

In the long term, investing in ETH may not be too bad, but in short-term trading, grayscale selling will affect the price, making it more difficult to pull up in the short term.

5. Decline performance

ETH and SOL had similar overall declines during the market rout, but before that, SOL had seen a more significant increase while ETH had barely risen at all. During the decline phase, ETH’s short-term rebound was weak, while SOL’s rebound appeared stronger.