🚀 **Crypto Comedy: Ether Takes a Dive, Solana Surfs the Wave!** 🌊
Hold onto your digital wallets, folks! Ethereum's native token, Ether (ETH), just hit a three-year low against Bitcoin (BTC) on Aug. 5. Despite the hype around its spot ETFs in the US, ETH/BTC is down 25% year-to-date. Ouch!
Meanwhile, Solana (SOL) is having a party! The SOL/ETH pair surged 10.75% in 24 hours, thanks to Brazil's new Solana ETFs. Since June, it's up a whopping 75%! 🎉
Why the cold shoulder for Ethereum ETFs? Investors seem to prefer Bitcoin's "store of value" over Ethereum's DApps and smart contracts.
What do you think? Drop your thoughts below! 👇