Analysis: SOL hits historic peak in January, similar to ETH valuation in 2021
2025-05-18 06:30:53
According to the analysis of DBA Joint Innovation Jon Charbonneau, when the price of Ethereum and Solana hit a record high, the network revenue also peaked at the same time, and the valuation multiple was close. Ethereum reached its peak in November 2021, with an annualized network revenue of about 21.90 billion US dollars and FDV of 578.71 billion US dollars, a multiple of 26.42 times; Solana peaked in January 2025, with an annualized network revenue of about 6.61 billion US dollars and FDV of 177 billion US dollars, a multiple of 26.77 times.
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