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The post <a href="https://coinpedia.org/price-analysis/solana-price-to-surge-500-surpassing-ethereum-this-crypto-bull-run/" rel="noopener noreferrer nofollow">Solana Price to Surge 500% Surpassing Ethereum This Crypto Bull Run</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
Recently the market sentiment on the two coins SOL and ETH has seen many price fluctuations since the start of the year. Now that Glassnode co-founders, Jan Happel and Yann Allemann, known as Negentropic, have projected Solana (SOL) to potentially outperform Ethereum (ETH) by 500% the market is curious to know if this will be true.&nbsp;
<h2 class="wp-block-heading" id="h-experts-waged-debate-on-solana-price"> Experts Waged Debate on Solana Price</h2>
This optimistic outlook follows discussions with macroeconomist Henrik Zeberg and Global Macroinvestor CEO Raoul Pal, who <a href="https://www.youtube.com/watch?v=EHtnZM2QVjU&amp;t=1568s" rel="noopener noreferrer nofollow">highlighted </a>Solana’s magical momentum in the SOL/ETH chart in terms of risk-adjusted returns on the Crypto Banter Show.
They both have a similar outlook on SOL’s upward movement in the chart is an indicator that it will surpass ETH soon. Looking at the key trajectories of Solana, the analysts are also betting $10000 investment in SOL as they expect it will rise in the coming weeks while answering the interviewer.&nbsp;
To give a more concrete example, the co-founders of Glassnode look at the current SOL/ETH ratio, which is 0.14. Based on their <a href="https://twitter.com/Negentropic_/status/1747562642661646472?s=20" rel="noopener noreferrer nofollow">prediction</a>, this ratio is expected to go up a lot, possibly hitting 0.76. If this happens, it means that Solana will do four to five times better than Ethereum as the crypto market continues to rise during this bullish phase.&nbsp;
But he has similar hopes with ETH too. He notes that this potential outperformance could continue until the cryptocurrency market reaches its peak. Importantly, the analysis doesn’t envision a solo surge for Solana; instead, it anticipates a significant bullish rally for Ethereum as well.&nbsp;
<h2 class="wp-block-heading" id="h-current-market-sentiments">Current Market Sentiments</h2>
While Solana is currently trading at $98.55 with a 4.7% weekly decline, and Ethereum at $2,516 with a similar decline, the Glassnode founders express confidence in Solana’s continued success. Despite recent fluctuations, Solana has exhibited a robust one-year trajectory, growing by 340.43% from $20. Ethereum, in comparison, has a one-year growth of 59%, rising from $1,515.&nbsp;
Since both coins are rising on distinct parameters, the market is still divided. Only time will tell who wins.

Solana Price to Surge 500% Surpassing Ethereum This Crypto Bull Run

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