Best Cryptocurrencies to Buy in 2024
Like all other cryptocurrencies, Solana (SOL-USD) primarily follows Bitcoin. When Bitcoin goes up, Solana goes up. When Bitcoin goes down, Solana goes down. This is the nature of all altcoins, they follow the leader.
The point, then, in relation to US debt, is that as Bitcoin goes up, Solana will likely go up, for the reasons I mentioned above.
Solana’s value will also likely increase because of its own internal strengths. Solana’s overall strength is that it processes transactions much faster and cheaper than Ethereum (ETH-USD). This is why it’s been called an Ethereum killer. It’s a disruptive force. Developers appreciate Solana’s high speed and low transaction prices.
Solana was recently shown to be 46 times faster than Ethereum in a real-world comparison test. It looks like Ethereum has real money to lose, and Solana has real money to gain. Buy it for its performance, because cryptocurrencies should continue to appreciate as US debt piles up.
