Mainly, the gap between the price and the market cap it too high. ETH has a market capitalization of 342 Billion dollars, while Solana is only at 38 Billion. ETH is roughly 9 times bigger than Solana.
I say it's impossible, Solana still needs to improve its technology and popularity in order to surpass ETH. even though cheap gas costs cannot make Solona better than eth in terms of price, where eth's popularity was first known and declared an inseparable pair of bitcoin
Don't underestimate solana project and team, I think Solana has potentially to beat Ethereum at the coming years.Do you understand what kind of capitalization it would take to overtake Ethereum? It's almost impossible. Just because the commissions are high doesn't mean the project is bad. If the ETH-ETF is accepted, it will speak volumes. Don't forget that there are many projects (where commissions are minimal) - at the same time, absolutely no one knows anything about these projects. It doesn't mean that these x-projects will overtake Ethereum because of minimal commissions. The transfer fee, has never been an indicator.
But lest see how can Ethereum team improve their project, gas fee is always being the big problem.
Very nice to see the both on competition. let's see
Yes ,yes solana can overtake Ethereum in nearest future, don't underestimate solana, if ATH improving there technology do you think solana doesn't improve there technology also?I don't think so.solana low gas payment good service and easy transaction.the community now there attention fucos to solana, big positivity can overtake ATHThe comparison is very clear from the trading volume of Ethereum and Solana, Solana clearly has the potential to beat the trading volume of Ethereum, Solana has a project that accepts complaints from users and is immediately handled well so that it will provide a very high satisfaction value . For the future of Ethereum, it seems there is no longer any hope because currently Ethereum is not paid much attention by developers anymore.
Title says it all, lets discuss here together! I am interested in your guys opinionsThe way the Solana platform is progressing and gaining popularity with people, it seems that at some point it will come close to the Ethereum platform and the BNB platform. But it should also be kept in mind that Ethereum is only after Bitcoin and any other platform will take that place, but Ethereum will never allow it. Because Ethereum will always want to stay behind Bitcoin, if necessary increase their popularity and try to stay on top by leaving all platforms behind. But from my point of view I would say Solana will never overtake Ethereum.
Title says it all, lets discuss here together! I am interested in your guys opinionswhile I wanted to believe it will happen yet I thing there are no big room for that to happen at least for now or the coming years, maybe we are here to listen in the sentiment of the people and the market.
Solana will always be behind Etherum, because after bitcoin is Etherum. There have been the approval of bitcoin ETF, and the approval of Etherum ETF is next, which I don't know if it would be lunched in July. The moment Etherum ETF is lunched, it is finished for the hope of Solana taking over Etherum. This is because a lot of people will deviate to Etherum since it has a low marketcap than Bitcoin and the price is very cheap, this would boost Etherum. Don't you think so.Yes ,yes solana can overtake Ethereum in nearest future, don't underestimate solana, if ATH improving there technology do you think solana doesn't improve there technology also?I don't think so.solana low gas payment good service and easy transaction.the community now there attention fucos to solana, big positivity can overtake ATHThe comparison is very clear from the trading volume of Ethereum and Solana, Solana clearly has the potential to beat the trading volume of Ethereum, Solana has a project that accepts complaints from users and is immediately handled well so that it will provide a very high satisfaction value . For the future of Ethereum, it seems there is no longer any hope because currently Ethereum is not paid much attention by developers anymore.
while I wanted to believe it will happen yet I thing there are no big room for that to happen at least for now or the coming years, maybe we are here to listen in the sentiment of the people and the market.Currently, Ethereum still has many fans, but as time progresses, when Ethereum cannot solve the various problems it is experiencing, it will make users turn away from Etheruem and prefer to use other networks.
ethereum is still in demand and correct there are so much to expect from this both coins but the popularity of ethereum is still there.
Title says it all, lets discuss here together! I am interested in your guys opinions
Any unstable asset (not like everyone else) cannot be better than others, even if it is growing very well and this means that it will not be able to overtake Ethereum, not in popularity or in price, especially in order to overtake in price it is necessary to do the impossible, we see how it is falling after the previous growth, not one reasonable investor will wait for tens of thousands of percent; everyone will take profits after receiving several hundred percent.I'm not sure about that, especially when we don't specify the time frame in which the profit is determined. New projects find it very difficult to compete with ETH in terms of capitalization, but they can completely generate more profit than ETH.
Title says it all, lets discuss here together! I am interested in your guys opinionsAt some points?
At some points?From here we know that Solana's development is very consistent and always tries to provide the best. So far it seems that only Solana has been able to compete with many of the top coins and now has high volume to the point where it is in the top five of coinmarketcap.
Probably. This thread has been since 2023, and now it is in 2024. So far, Solana is really great and experiencing significant progress in project development. Because Solana not only focuses on blockchain but also several other products in their Dapps. And Solana also has several things that are even more interesting, such as high speed but very low fees for transactions. So, just relax.
Title says it all, lets discuss here together! I am interested in your guys opinions
Solana is a project that is still just developing so there are still many challenges and there is still a lot of journey that they have to go through, therefore Solana must continue to be fully supported. We can still get a lot of profit from Solana's price movements which are currently developing and many tokens have been created on the Solana network.Title says it all, lets discuss here together! I am interested in your guys opinions
- It doesn't mean that Solana is showing good development in the market today; it is showing that it can surpass what Ethereum has reached now, mate.
That's not the case. Yes, it's true that the fee for ETH is high, but aren't you surprised that ETH still remains at the top among all the cryptocurrency?
That means it has what Solana doesn't have, and so does Sol, right? So I think Solana has a long way to go before this happens, in my opinion.
Title says it all, lets discuss here together! I am interested in your guys opinions
Title says it all, lets discuss here together! I am interested in your guys opinionsOvertake in terms of what?
At some points?From here we know that Solana's development is very consistent and always tries to provide the best. So far it seems that only Solana has been able to compete with many of the top coins and now has high volume to the point where it is in the top five of coinmarketcap.
Probably. This thread has been since 2023, and now it is in 2024. So far, Solana is really great and experiencing significant progress in project development. Because Solana not only focuses on blockchain but also several other products in their Dapps. And Solana also has several things that are even more interesting, such as high speed but very low fees for transactions. So, just relax.
The priority innovation in the Solana network so far that I know is that they remain focused on creating products that have very fast transactions with very cheap transaction fees, even cheaper than the BSC network.Title says it all, lets discuss here together! I am interested in your guys opinions
- Honestly, I don't think about that; what matters to me is that I get a profit under the Solana Network. Then, if Solana's price value is ranging for sure, at the same time, she also rises Ethereum's price Value, literally speaking.
Now, when it comes to innovation, all I can say is that they have the same innovation made for the new development of their token over time.
Title says it all, lets discuss here together! I am interested in your guys opinionsSolana might overtake Ethereum one day, but it's not guaranteed. Solana's scalability and low fees give it an edge, but Ethereum on the other hand has a huge community and is constantly improving. In the end, whichever platform keeps innovating and attracting more users and developers could come out on top. Only time will tell which one wins the race.