A well-known crypto analyst, The Flow Horse, has expressed confidence that Solana (SOL) is set to surpass Ethereum (ETH) in performance during this market cycle.
According to the strategist, Solana is likely to follow Ethereum’s previous patterns of outpacing Bitcoin (BTC) during earlier cycles, driven by its strong community and investor interest.
The analyst suggests that Solana’s appeal among its supporters and traders gives it a significant advantage. He points out that unless there is a major external event, such as significant institutional investments or ETF inflows, Solana is well-positioned to continue outperforming Ethereum.
The analyst also emphasized the rising potential of AI-focused altcoins, noting that while some projects appear to lack substance, the AI sector has the potential to become a transformative force within the crypto market.
He believes AI has the capability to emerge as a dominant narrative in the space, offering more tangible use cases than many current trends. However, he also stresses that the success of any crypto narrative, including AI, ultimately depends on Bitcoin’s overall market dynamics.
The combination of Solana’s robust community and the growing interest in AI-based altcoins signals key areas of focus for investors as the crypto market continues to evolve in this cycle.
The PI token has suffered a steep decline, dropping to $0.61 after falling over 22% in just one week.
Two asset managers are preparing to introduce a new class of cryptocurrency investment products that combine traditional exchange-traded fund (ETF) structures with staking income from Ethereum and Solana holdings.
Institutional interest in Ethereum is clearly picking up—at least on paper. Spot Ethereum ETFs have seen nine straight days of net inflows, with BlackRock’s ETHA and Fidelity’s FETH leading the charge.
Ethereum (ETH) has gone down by 2.4% in the past 24 hours and currently sits at $2,580 in what has been mostly a red week for the crypto market. Trading volumes have retreated by 5% during this same period, indicating that the selling spree is not that strong at the moment. However, crypto liquidations have […]