Ethereum

bullish

Solana

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>Peter Brandt predicts Solana (SOL) could outperform Ethereum (ETH) by 100% in the coming months.</li> 
 <li>Solana’s recent recovery outshines Ethereum’s, based on the SOLETH ratio. </li> 
</ul>  
<p>Peter Brandt, a well-known trader and price chart analyst, has forecasted that <a href="https://coineagle.com/price/solana/">Solana (SOL)</a> may double the performance of <a href="https://coineagle.com/price/ethereum/">Ethereum (ETH)</a> in the next few months. </p> 
<h2 id="brandt-s-prediction">Brandt’s Prediction</h2> 
<p>Brandt’s prediction is based on the SOLETH ratio, which measures SOL’s performance relative to ETH. </p> 
<p>At present, the SOLETH ratio stands at 0.059, implying that SOL is valued at 0.059 ETH. </p> 
<p>A rising ratio indicates SOL outperforming ETH, while a falling ratio suggests the opposite.</p> 
<p>The overall SOLETH price action has formed a cup-and-handle pattern, typically a bullish signal. </p> 
<p>The immediate breakout point is projected to be 0.11, according to Brandt.</p> 
<h2 id="recent-performance-of-sol-and-eth">Recent Performance of SOL and ETH</h2> 
<p>If this forecast comes true, SOL holders will see greater profits than ETH holders. </p> 
<p>In its most recent recovery, SOL has already surpassed ETH. </p> 
<p>Over the past five trading days, SOL has risen by 12% and is currently trading above $150.</p> 
<p>Meanwhile, ETH has dropped by 2.7% over the same period, despite trading above $2500.</p> 
<p>Despite recent market uncertainty, Solana’s price has remained relatively stable. </p> 
<p>Mert Mumtaz of Helius Labs asserts that the recent surge in memecoin activity, which has led some to label SOL a ‘gambling chain’, is a broader issue in the crypto space, not specific to Solana.</p> 
<p>In terms of daily active addresses, DEX volumes, and revenues, Solana has overtaken Ethereum on several fronts.</p> 
<p>However, with a total value locked (TVL) of $48 billion compared to SOL’s $4.9 billion, Ethereum still leads, indicating higher investor confidence. </p>

Brandt Predicts SOL to Surpass ETH by 100%: A Closer Look at Solana vs Ethereum

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CoinEagle.com

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