Ethereum and Solana: Potential Stocks Riding the Momentum
(1) Ethereum: The Rise of Layer2 Ecosystem
Ethereum has achieved a significant increase of 75% in 2024, and in the future, it will regain market attention through the vigorous development of Layer2 networks (such as Base and Starknet). These Layer2 solutions not only improve Ethereum's transaction processing speed and reduce fees but also provide developers with a broader space for innovation. It is expected that the inflow of billions in spot ETH ETFs will further drive up its price, potentially breaking the $7,000 barrier. Ethereum's smart contract functionality allows it to dominate in areas such as decentralized finance (DeFi) and non-fungible tokens (NFTs), and the improvement of the Layer2 ecosystem will further consolidate its core position in the crypto market.
(2) Solana: Ecosystem Development and Price Surge
Solana, with its dominant position in the memecoin sector and the migration of significant projects to its network, demonstrates strong development potential. Its low fees and continuously evolving developer ecosystem have attracted numerous projects and users. Solana's price is expected to soar to $750, becoming another shining star in the crypto market. Solana's high-performance blockchain architecture can support large-scale transaction processing, providing a solid infrastructure for the development of decentralized applications (DApps) and offering a unique competitive advantage in the emerging crypto market.
