Peter Brandt: “Solana coin could surpass ether in value”
Peter Brandt suggests that if SOL manages to break through this resistance level, the value of the coin could double compared to the second largest cryptocurrency:
“There is a clear prospect of Solana doubling in value relative to Ether.”
The trader believes that Ether is not capable of being a store of value and has operational problems, especially with regard to second-tier solutions, plus high commissions (gas fees).
Solana, known for its high throughput and low fees, is gaining more attention as an alternative to ETH's scalability issues, a trader says.
Earlier, Peter Brandt called Bitcoin a new standard for storing values, which can replace paper currencies and government bonds.
