Could Solana Overtake Ethereum?

[Suba]

Out there I met a well-known figure in the crypto world, Ben Armstrong, who upheld and predicted Solana's ability to overtake Ethererum in terms of market cap. According to research conducted, there was an increase in institutional investment 4 times greater than Ether. In the first half of November Sol was able to attract investors of US$13 million compared to US$3.3 million in Ethereum. In this analysis we also need to compare technical infrastructure analysis such as transaction speed, scalability and transaction fees, and it seems that Solana is superior to Ethereum. Apart from that, we also need to consider community support and developer activities of the two cryptocurrencies.

 

[Passionate-writer]

Out there I met a well-known figure in the crypto world, Ben Armstrong, who upheld and predicted Solana's ability to overtake Ethererum in terms of market cap. According to research conducted, there was an increase in institutional investment 4 times greater than Ether. In the first half of November Sol was able to attract investors of US$13 million compared to US$3.3 million in Ethereum. In this analysis we also need to compare technical infrastructure analysis such as transaction speed, scalability and transaction fees, and it seems that Solana is superior to Ethereum. Apart from that, we also need to consider community support and developer activities of the two cryptocurrencies.

I do not think that the Solana could take place of Ethereum. As of now, Ethereum is far much more popular as compared to Solana. Solana is quite far away from Ethereum in the race of top cryptocurrencies albeit it does enjoy seventh place in the list of top 10 cryptocurrencies. Ethereum also has a really huge market capitalisation as well.

 

[Suba]

I also think so, a lot of developers are taking advantage of the Ethereum blockchain, but most of the Ether is currently locked (staking), so it's a bit difficult to predict, maybe Ben Armstrong's intention is just to pump Solana uphill.

 

[Kirubel]

There is nothing impossible in the cryptocurrency world, if more investors invest on the Solana coin maybe it can overtake the Ethereum coin but the price difference is very huge. i think the current price of SOL is around $58.

 

[Crystal]

I do not think that the Solana could take place of Ethereum. As of now, Ethereum is far much more popular as compared to Solana. Solana is quite far away from Ethereum in the race of top cryptocurrencies albeit it does enjoy seventh place in the list of top 10 cryptocurrencies. Ethereum also has a really huge market capitalisation as well.

The market capitalization of Ethereum and the total utilities prove that Ethereum would continue to explore and boom, it would be hard for Solana to grow up to that level..

 

[magnus2022]

I wish Solana will upset ethereum but the possibility is very slim. Ethereum transaction fee is throat cutting and that makes stay away from ethereum. The beauty of ethereum is the blockchain and mutiple functionality of the cryptocurrency.

 

[deucher]

In my opinion, Ethereum is much more developed than Solana, and therefore it is unlikely that this will ever happen, taking into account the fact that Solana had a strong fall in sales, which caused many people to stop trusting this token

 

[Kross]

The never ending debate of how Solana would dethrone Ethereum. I think that it is crystal clear that it is very unlikely to happen in the near and medium future.