Solana (SOL) Reached a New All-Time High Against Ethereum (ETH)
07.08.2024 12:00 1 min. read Alexander Stefanov
The aftermath of Monday's market crash has led to some interesting developments - this time Solana (SOL) is leading the way.
Specifically, the price of SOL has reached a new all-time high against Ethereum (ETH).
In the early hours of August 7, the price of SOL jumped to $153.8, holding at that level at the time of writing, while ETH traded for $2,522.
According to TradingView, the SOL/ETH ratio has reached the 0.061 level. This ratio measures the value of one SOL token to the value of one ETH.
If the ratio drops, it means that the price of ETH is outperforming that of SOL.
However, an increase suggests the opposite, as was the case earlier. The reason for this milestone may be related to their respective prices.
Earlier in the week, ETH reached an annual low of $2,114.
The price of SOL also dropped to just over $110 for the first time in many months. But since then, SOL has seen a more than 30% increase, while ETH has only managed to jump about 9%.
-
1
Standard Chartered Predicts Sharp Rise for BNB as Institutional Momentum Builds
08.05.2025 9:00 1 min. read -
2
VanEck Aims to Bring First U.S. Binance Coin ETF
05.05.2025 18:00 2 min. read -
3
Dogecoin Signals Bullish Reversal With Fresh Buying and Rising Hype
02.05.2025 17:00 2 min. read -
4
Pectra is Boosting Ethereum Network, Pushing the Price Toward $2,000
08.05.2025 17:00 1 min. read -
5
This AI-Focused Altcoin Skyrockets 161% Amid Explosive Adoption
29.04.2025 16:00 1 min. read
Crypto Markets Heat Up as Bitcoin Tests All-Time High — But Altcoins Remain in Waiting Mode
Momentum is building across the digital asset space as Bitcoin edges closer to its previous peak near $109,000, igniting renewed speculation about whether a broader altcoin surge is about to follow.
SUI Price Prediction: Is $5 The Next Target for Solana’s Biggest Rival?
Sui (SUI) has surged by 81.5% in the past month and has jumped to the 11th place in the list of most valuable cryptocurrencies as per data from CoinMarketCap. The launch of the SUI Trust by Grayscale and the submission of an application by 21Shares for a SUI-linked exchange-traded fund (ETF) were some of the […]
Crypto Market Nears Key Turning Point as Altcoin Rebound Looms
The cryptocurrency market appears to be entering a critical phase, with analysts suggesting that one last corrective move may be the precursor to a significant rally — particularly among altcoins.
Bitcoin Price Prediction: Polymarket Odds Favor a Push Toward $130K for BTC
Bitcoin (BTC) has been a bit volatile in the past 24 hours as the performance of the crypto has swung from green to red multiple times throughout the session. There has been some strong selling pressure today as the price hit the $105,000 level as BTC now stands just 3.8% away from its January 20 […]
-
1
Standard Chartered Predicts Sharp Rise for BNB as Institutional Momentum Builds
08.05.2025 9:00 1 min. read -
2
VanEck Aims to Bring First U.S. Binance Coin ETF
05.05.2025 18:00 2 min. read -
3
Dogecoin Signals Bullish Reversal With Fresh Buying and Rising Hype
02.05.2025 17:00 2 min. read -
4
Pectra is Boosting Ethereum Network, Pushing the Price Toward $2,000
08.05.2025 17:00 1 min. read -
5
This AI-Focused Altcoin Skyrockets 161% Amid Explosive Adoption
29.04.2025 16:00 1 min. read