Evaluating Ethereum vs. Solana, which one has a stronger competitive advantage?
Ethereum has long been the top altcoin. However, Solana has performed impressively in the past few months.
So, which of the two networks can bring the most lucrative benefits?
In terms of market capitalization, Ethereum has always been ahead of Solana.
For example, Ethereum's market capitalization reached $311.9 billion, compared with Solana's market capitalization of $66.7 billion, which is about 4.6 times the latter.
However, when we compare the two, we can see that Solana's market capitalization is growing faster than Ethereum.
Solana is trying to catch up.
Ethereum's performance in short-term trading has repeatedly failed to meet market expectations.
This makes most people choose to avoid it when looking for bargain hunting opportunities after a big drop.
The main forces behind SOL are closely connected to Wall Street. The tenacity and strategy of these capital crocodiles can be seen from the performance of US stocks in the past decade.
Looking back at the last round of bull market in Ethereum, public chain and DEFI, all three have occupied an important position in the market.
Today, they all face their own challenges and limitations.
In this round of market, SOL and its ecological chain projects may become a new focus.
With the continuous evolution of technology and the continuous changes in the market, SOL and its chain projects are expected to show their unique advantages and potential, leading a new round of market boom.
Nowadays, the market is up and down, and there is no chance to blindly work alone. Every big drop is the time for you to increase your position. Cherish this round of bull market. Friends who like spot don’t know when to increase their positions, buy at the bottom, and escape at the top. 👉Click on the avatar to follow Beichen. Beichen will share strategies, opinions, etc. for free every day in Neiku.
