Should I buy Solana or Ethereum?
Both platforms have distinct features that cater to different needs within the blockchain ecosystem. While Ethereum has a longer history and more widespread adoption, Solana boasts faster transaction speeds and lower fees compared to Ethereum's network.
Both platforms have distinct features that cater to different needs within the blockchain ecosystem. While Ethereum has a longer history and more widespread adoption, Solana boasts faster transaction speeds and lower fees compared to Ethereum's network.
The co-founders of leading crypto analytics firm Glassnode, Jan Happel and Yann Allemann, foresee Solana (SOL) outperforming Ethereum (ETH) by a staggering 500% in the next bull run. The duo who operate under the X account “Negentropic” recently shared their optimistic outlook on Solana's potential ascent.
One of the hottest debates in crypto right now is about Ethereum (ETH -5.67%) vs. Solana (SOL 4.97%). While the former remains the reigning champion of blockchain development, Solana is building considerable momentum to unseat Ethereum.
While Solana is nowhere close to replicating last year's breakout performance, the long-term outlook remains bullish. In 2023, Solana (SOL 4.97%) soared in value by more than 900%, making it one of the top-performing major cryptocurrencies.
Is Solana better than Ethereum? Solana is better than Ethereum when it comes to transaction fees and throughput. However, Solana currently lacks Ethereum's wide adaptability.
Due to its high transaction speed and low fees, it has become a popular destination for decentralized applications (dApps) and non-fungible tokens (NFTs). So, can Solana reach $1000 on the next bull run? It is certainly possible.
Solana is often praised for its high throughput and low transaction fees, making it a more scalable platform compared to Ethereum. Understanding the scalability of both platforms is crucial, especially as blockchain adoption grows.
By the year 2025, Ethereum is expected to reach the maximum level of $6,500 with a minimum of $ 4,500 and an average of $5,500. And by the year 2030, it is expected that it may go up to a maximum of $20,500. The current year will witness the Dencun upgrade, which is anticipated to positively boost the value of ETH.
This means that SOL could potentially reach a price point of $500 by late 2025.
Which coin can replace Ethereum?
Examples of Ethereum competitors
However, only a few ETH killers have become crypto market leaders. Some of the largest "Ethereum Killers" by market cap are Solana, Cardano, Polkadot, Avalanche and Algorand. All of these projects have lower gas fees and process more transactions per second than Ethereum.
Solana is also considered the next Ethereum in many crypto circles. This is due to the sheer efficiency of Solana when compared to Ethereum. For example, although Ethereum has completed its proof-of-stake merge, fees are often very high. During busy network periods, it is still common for users to pay over $10.
According to your price prediction input for Solana, the value of SOL may increase by +5% and reach $ 168.70 by 2030.
| Coin | Market Capitalization | Current Price |
|---|---|---|
| Solana (SOL) | $73.3 Billion | $165.41 |
| Ripple (XRP) | $37.5 Billion | $0.6862 |
| Dogecoin (DOGE) | $24.2 Billion | $0.169 |
| Tron (TRX) | $11.5 Billion | $0.1319 |
The index includes top tokens like $SOL, $ETH, and $WBTC- all of which are expected to see considerable gains in 2024 - making this a fantastic DeFi platform primed to explode throughout the year.
Solana is up over 1,000% from its 2023 low, but it may not be too late to profit from the token's rise. The crypto ecosystem has gone through several dramatic changes in the past few years. In 2020 and 2021, the industry was driven by hype and speculation only to crash in 2022 and early 2023.
- According to Cointelegraph, VanEck predicted a 10,600% Solana price rally by 2030, reaching $3,211.28⁴. - According to CoinEdition, Solana could reach above $140 by 2023 and between $100 to $150 by 2024⁵.
In general: Solana is popular because it has a fast transaction speed that neither Cardano nor Ethereum can beat. On the other hand, Cardano is different because of its unique validation system.
While the potential for Ethereum to reach $100,000 exists, it is likely many years out, at least 7 years (if not more). With a $13.7 trillion market cap of Ethereum, if and when it hits $100k, massive changes need to occur, first and foremost fundamental, technological, regulatory.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2029 | $31,920.81 | $37,919.21 |
| 2030 | $45,005.50 | $53,740.63 |
| 2031 | $67,645.23 | $77,965.20 |
| 2032 | $95,925.41 | $117,378.26 |
What crypto will be the next Bitcoin?
Ethereum (ETH)
Debate with Solana aside, Ethereum remains the second largest cryptocurrency by market capitalization, and many analysts see the digital token outperforming Bitcoin this year.
The Open Network (TON) proves it is the world's fastest and most scalable blockchain. The Open Network Foundation (TON Foundation) has today announced that, during a successful live-streamed stress test, the TON blockchain has proven that it is the world's fastest and most scalable public blockchain.
One drawback of Solana is that it's an unproven cryptocurrency, making it riskier than other more established alternatives like Bitcoin or Ethereum. Since it is a brand-new cryptocurrency, there are uncertainty and dangers that could affect its development and profit.
Can ethereum reach $50,000? According to VanEck's methodology, ethereum prices could surpass $50,000 by 2030 in a best-case scenario, but that would include a significant rise in activity on the ethereum blockchain over the next six years.
According to our Ethereum forecast for 2025, Ethereum's price will average around $7,600 in 2025. The forecast also estimates potential highs of $10,700 and lows of $4,500.
