🚀 SOL/ETH Ratio Hits New High! 🚀
The ratio between $SOL and $ETH has surged above 0.069, surpassing its previous high of 0.0645, and it's fueling the crypto community's excitement! Solana's rapid rise is marked by:
✅ 18.18% price increase in a month
✅ $6.4B in Total Value Locked (TVL)
✅ DEX volumes consistently over $2B/day
Solana's growth outshines Ethereum in transaction speeds, low fees, and DeFi/NFT adoption. The recent memecoin craze has also pushed network activity to record highs - many popular memecoins such as $WIF are on Solana!
Of course, Ethereum also has strong points, such as institutional interest and new developments - however, currently SOL is in the lead.
With open interest soaring and bullish market sentiment, can Solana eventually overtake Ethereum? Well, it's a long road ahead - the market cap would need almost to quadruple.
