Market Vector research from VanEck Research shows that Solana (SOL) is significantly better than Ethereum (ETH) in terms of transaction volume, active users, and transaction fees, potentially leading to a doubling of the price of SOL. Solana has 3,000% higher transaction volume than Ethereum, 1,300% more daily active users, and cheaper transaction fees.
Although Ethereum dominates in total locked-in value (TVL) at 56%, while Solana is only 6%, Market Vector analysis believes that if Solana continues to surpass Ethereum, its market capitalization can reach 50% of Ethereum. In this case, the price of SOL is expected to rise to $330.
VanEck: Solana Could Reach 50% of Ethereum Market Cap
2024-09-25 17:20:15
Vaneck research department market vector research display solanadesk3cryptocurrencydesktopCrypto News
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