30.05.2025
Home » Аnalysis » Ethereum’s Uncertainty Grows as Solana Solidifies Its Dominance

Ethereum’s Uncertainty Grows as Solana Solidifies Its Dominance

November 22, 2024 17:00 1 min. read
Disclosure

We may earn commissions from affiliate links or include sponsored content, clearly labeled as such. These partnerships do not influence our editorial independence or the accuracy of our reporting. By continuing to use the site you agree to our terms and conditions and privacy policy.
SHARE: SHARES

Cryptocurrency is a high-risk asset class, and investing carries significant risk, including the potential loss of some or all of your investment. The information on this website is provided for informational and educational purposes only and does not constitute financial, investment, or trading advice. For more details, please read our editorial policy.

Ethereum’s Uncertainty Grows as Solana Solidifies Its Dominance

A crypto market observer predicts a potential drop for Ethereum (ETH) compared to Bitcoin (BTC) while expressing optimism about Solana (SOL).

The analyst, known as Altcoin Sherpa on social media, shared insights with his followers, suggesting that Ethereum’s value against Bitcoin (ETH/BTC) might not have reached its lowest point yet. He hinted at a possible decline, even as Bitcoin edges closer to the $100,000 milestone. According to his analysis, the ETH/BTC pair could bottom out between 0.025 and 0.03 BTC.

Currently, ETH/BTC is trading at 0.03412 BTC (approximately $3,363), marking a 4.57% increase in the past 24 hours.

READ MORE:

Ethereum Whale Awakens: $224M Selloff Sparks Market Uncertainty

On a different note, the analyst sees significant potential for Solana (SOL). He predicts that the blockchain platform could achieve new all-time highs, citing its role as a hub for decentralized applications and crypto-based gaming. Highlighting Solana’s popularity in the crypto gambling space, he believes the growing interest in such activities will propel SOL’s value even higher during this cycle.

Both projections underline contrasting trends for the two major cryptocurrencies, emphasizing the diverse dynamics at play in the digital asset market.

Deyan Angelov
Twitter Linkedin
Active crypto trader who also follows news related to stocks, the S&P 500, and gold. Deyan enjoys staying physically active, trains regularly, and practices calisthenics. He also likes reading sci-fi books when he has the time.
SHARE: SHARES
More from Ethereum Analysis

Ethereum Breaks Out After Pectra Upgrade — Is a Bigger Rally Brewing?

After months of sluggish performance, the second-largest cryptocurrency posted weekly gains above 30%, reclaiming key price levels and setting off a wave of liquidations across the market. Market veteran Peter Brandt has taken notice. In his latest technical review, he points to a long-brewing bullish formation — an ascending triangle — that stretches back several […]

12.05.2025 17:00 2 min. read

Ethereum Flips the Script After Pectra Upgrade, Outpaces Bitcoin

Over the last two days, ETH has outperformed not only Bitcoin but most of the top digital assets, fueled by technical momentum and a successful network upgrade. A key driver behind the surge is Ethereum’s breakout against Bitcoin, where bullish formations have emerged on short-term charts—specifically, golden crosses that often hint at trend reversals. These […]

10.05.2025 20:00 1 min. read

Bullish Signals and Whale Moves Push Ethereum Toward $4,000

Ethereum’s price has risen by 7.5% over the past week, showing signs of building momentum toward the $4,000 mark. A golden cross, a bullish technical indicator, and an RSI currently at 63.6 suggest the potential for continued gains. However, the market remains at a critical juncture where support and resistance levels will shape its trajectory. […]

05.01.2025 18:00 1 min. read

Ethereum’s Bullish Momentum: Can ETH Reach $15,000 in 2025?

Ethereum (ETH) has experienced a solid 65% gain this year, but its price growth has been overshadowed by Bitcoin (BTC) and other major cryptocurrencies like Solana (SOL) and XRP. Despite this, analysts are increasingly optimistic about ETH’s future, with some predicting that the second-largest cryptocurrency could soon reach significant price milestones. Though Ethereum’s price rise […]

14.12.2024 19:00 2 min. read
Popular News