BPOI Banner
Solana Primed To Continue Outperforming Ethereum, According to Crypto Analyst – Here’s Why Solana Primed To Continue Outperforming Ethereum, According to Crypto Analyst – Here’s Why

Solana Primed To Continue Outperforming Ethereum, According to Crypto Analyst – Here’s Why

A top crypto strategist thinks Solana (SOL) will continue to outperform Ethereum (ETH) this cycle as interest in the fifth-largest crypto project remains high.

Pseudonymous analyst The Flow Horse tells his 253,400 followers on the social media platform X that Solana will likely outperform Bitcoin (SOL/BTC) this cycle the way ETH did in prior cycles.

“Of all prior cycle patterns to repeat, I think the one that holds the most weight would be Solana following prior ETH patterns relative to BTC. We already know that the composition of people here has preferred Solana, so barring any exogenous influence, why wouldn’t it continue to outperform ETH? If you think it will without that, you are betting on people just completely pivoting from their preferred casino to one they have had no interest in…

Exogenous influence in this case means any flows fragmented away from this market, such as a [MicroStrategy founder Michael] Saylor type of entity or ETF (exchange-traded fund) flows.”

SOL/BTC is trading for 0.002219 BTC ($217) at time of writing, up 4% in the last 24 hours. Meanwhile, ETH/BTC is trading for 0.03656 BTC ($3,581) at time of writing, up 2.44% on the day.

The trader also doubles down on his belief that artificial intelligence (AI) focused altcoin projects will eventually be one of the strongest crypto sectors.

“While I find some of the AI agent stuff to be quickly manufactured gimmicks, I still believe AI has the biggest potential to be the first killer narrative in crypto with substance, and far more tangible than anything else produced recently. Been saying this far too early, which is just as good as being wrong. Eyes on where the puck is going right now. I am cautiously bullish on anything even remotely associated with AI, but still think everything depends on the king BTC.”

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: DALLE3



Source link

Daily Hodl Staff

https://dailyhodl.com/2025/01/03/solana-primed-to-continue-outperforming-ethereum-according-to-crypto-analyst-heres-why/

2025-01-03 19:05:14

bitcoin
Bitcoin (BTC) $ 92,757.85 1.88%
ethereum
Ethereum (ETH) $ 3,259.47 1.58%
tether
Tether (USDT) $ 1.00 0.09%
xrp
XRP (XRP) $ 2.30 0.63%
bnb
BNB (BNB) $ 687.98 0.67%
solana
Solana (SOL) $ 187.98 3.81%
dogecoin
Dogecoin (DOGE) $ 0.321654 5.13%
usd-coin
USDC (USDC) $ 1.00 0.13%
cardano
Cardano (ADA) $ 0.91593 4.67%
staked-ether
Lido Staked Ether (STETH) $ 3,259.21 1.12%
tron
TRON (TRX) $ 0.242248 3.05%
avalanche-2
Avalanche (AVAX) $ 36.59 3.14%
sui
Sui (SUI) $ 4.76 2.07%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,877.71 1.07%
the-open-network
Toncoin (TON) $ 5.21 1.94%
shiba-inu
Shiba Inu (SHIB) $ 0.000021 0.44%
chainlink
Chainlink (LINK) $ 19.79 3.43%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 92,672.83 1.91%
stellar
Stellar (XLM) $ 0.399793 2.78%
hedera-hashgraph
Hedera (HBAR) $ 0.27119 4.63%
polkadot
Polkadot (DOT) $ 6.66 1.38%
weth
WETH (WETH) $ 3,259.95 1.49%
bitcoin-cash
Bitcoin Cash (BCH) $ 423.65 2.82%
leo-token
LEO Token (LEO) $ 9.06 0.01%
litecoin
Litecoin (LTC) $ 103.62 2.04%
bitget-token
Bitget Token (BGB) $ 6.34 0.81%
uniswap
Uniswap (UNI) $ 12.71 2.83%
pepe
Pepe (PEPE) $ 0.000017 2.70%
hyperliquid
Hyperliquid (HYPE) $ 20.09 9.78%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,444.21 1.59%
near
NEAR Protocol (NEAR) $ 4.99 2.42%
ethena-usde
Ethena USDe (USDE) $ 0.999791 0.04%
usds
USDS (USDS) $ 0.997902 0.21%
internet-computer
Internet Computer (ICP) $ 10.28 5.89%
aptos
Aptos (APT) $ 8.70 2.56%
aave
Aave (AAVE) $ 283.57 2.12%
mantle
Mantle (MNT) $ 1.15 4.51%
mantra-dao
MANTRA (OM) $ 3.99 0.91%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.452835 1.32%
crypto-com-chain
Cronos (CRO) $ 0.139143 3.95%
ethereum-classic
Ethereum Classic (ETC) $ 25.02 1.24%
render-token
Render (RENDER) $ 7.16 5.45%
bittensor
Bittensor (TAO) $ 448.37 3.84%
vechain
VeChain (VET) $ 0.044565 1.03%
monero
Monero (XMR) $ 194.64 2.04%
tokenize-xchange
Tokenize Xchange (TKX) $ 43.06 0.88%
dai
Dai (DAI) $ 1.00 0.17%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.30 2.33%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 3.20 10.26%
arbitrum
Arbitrum (ARB) $ 0.756934 4.47%