Solana could reach half Ethereum’s size, tip SOL to $330: Analyst

Canada News News

Solana could reach half Ethereum’s size, tip SOL to $330: Analyst
Canada Latest News,Canada Headlines
  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 68%

Solana could expand to half of ETH's market share, an over 2x move that can rally SOL's price to $330 according to VanEck's MarketVector.

Martin Leinweber, director of digital assets research at MarketVector, projected that SOL could reach half ETH’s market size.

For perspective, Solana has become highly scalable, faster, and cheaper than ETH. Part of the report read, However, the executive noted that despite the remarkable fundamentals, SOL remained massively undervalued from a market cap perspective.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CryptoAmb /  🏆 22. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GM delays additional $330 million investment in Thacker Pass, Lithium Americas saysGM delays additional $330 million investment in Thacker Pass, Lithium Americas saysGM had announced an investment of $650 million, in two tranches, in Lithium Americas last year to help it develop the Thacker Pass lithium mining project in ...
Read more »

Solana: Analyzing SOL’s bullish pattern as open interest spikesSolana: Analyzing SOL’s bullish pattern as open interest spikesSolana faces a critical hurdle at $139, with rising open interest and positive fund flows fueling optimism of a bullish breakout.
Read more »

Solana hits 75M active addresses as SOL battles $132 levelSolana hits 75M active addresses as SOL battles $132 levelSolana reaches 75M active addresses as price tests $132 resistance amid market volatility and liquidations.
Read more »

Solana vs Ethereum: Is SOL closing in on ETH’s dominance?Solana vs Ethereum: Is SOL closing in on ETH’s dominance?Solana surged 4% in the last 24 hours, reigniting the debate over its competition with Ethereum. Can SOL surpass ETH?
Read more »

Solana: Peter Brandt predicts major upside for SOL post-$120 supportSolana: Peter Brandt predicts major upside for SOL post-$120 supportAcccording to Peter Brandt, SOL could be ready for an massive rally after consolidating over 6 months above $120.
Read more »

Solana gears up for major rally: Will SOL rally to $500Solana gears up for major rally: Will SOL rally to $500Solana is facing the potential for a major breakout after a prolonged consolidation, with a crypto analyst predicting a $1,000 price target.
Read more »



Render Time: 2025-02-14 00:19:09