Will $SOL dethrone $ETH ?
Here is why it could happen SOON 👇
#SOLANA is looking incredibly strong right now. We’re seeing a powerful W bullish candle with solid volume, breaking through the key resistance level at $220.
From there the upside potential is MASSIVE.
If we get to the price discovery zone above $260, we could be in for an exciting ride 🚀The Fibonacci targets on the chart provide some key reference levels.
Personally, I think $500 could still be a conservative target long-term and there’s a real chance that could eventually flip $ETH.
What makes it so appealing?
Its speed, the daily deployment of #memecoins and its increasing adoption among new new #DePIN or #RWA projects are and will be huge factors in the nearest future.
More and more new projects are choosing SOL over ETH and the attention is shifting in its favor. The only area that still needs improvement IMO is DeFi, but I’m confident we’ll get there.
Let me know what you think below 👇