Is this the Solana cycle?

Dubbed the “Ethereum killer”, Solana (SOL) has taken some time to find its feet

but you can see that it is now showing signs of significant momentum. Following the impact of the FTX collapse, Solana struggled to regain stability;

however, it has since made a remarkable recovery, gaining ground and surpassing Ethereum (ETH) in critical metrics like total transactions and active addresses.

While Ethereum continues to dominate decentralized exchange volume over the past three months, the gap between the two is narrowing.

Ethereum vs Solana key metrics. This growing parity in key performance indicators has also been reflected in the market's valuation, with the SOL/ETH trading pair reaching all-time highs, indicating increasing confidence in Solana's ecosystem. With Solana catching up to Ethereum and showing strength in its metrics, many are wondering if we are indeed entering the "Solana cycle."

meme cycle is gearing up on solana

ATH target for solana should be near to $900 to $1000

Not a financial advice

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