You may not realize it, but Solana is well on its way to surpassing Ethereum as the largest decentralized application ecosystem. By setting multiple all-time highs, Solana is likely to surpass Ethereum in the coming months, although ETH still enjoys a first-mover advantage.
However, given all the merits of these established businesses, investors are beginning to debate whether they are the ones most likely to deliver outsize returns, from a percentage perspective, or if there are some new businesses that could outperform any of them.
Ethereum Sends Mixed Signals as Solana Looms
Ethereum is a long-time favorite among cryptocurrency investors. It recently broke through the resistance level of $3,000 and is moving towards the $3,500 mark. However, ETH seems to be overbought and has started to decline slightly.
Due to its high price and reputation in the cryptocurrency field, Ethereum's appreciation rate is relatively slow. In addition, Solana is vying for its position, and if it does not innovate to match its products, it may surpass Ethereum.
Will Solana's price surge be able to catch up with Ethereum?
In recent years, the number of active wallets, transaction volume, and the number of active decentralized applications on Solana have all reached new highs. As a result, Solana's price surged significantly, reaching an all-time high of $263. This performance has made Solana the fourth largest token by market capitalization.
Since Solana offers faster transaction speeds than Ethereum and has an amazing bustling community around it, it is likely to surpass Ethereum. However, since Ethereum's market capitalization is $200 billion higher than Solana's, Solana needs a very high appreciation to achieve this feat.
Conclusion
Unlike Solana and Ethereum, Rollblock's entry price is very attractive, at $0.036. Due to its strong fundamentals, a price of up to $1 is expected, thus the potential for huge returns could be very significant, especially for early investors.
