Do you think Solana Network will overtake Ethereum at some point?

[Wiseman]

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.

[MrSpasybo]

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.

For example: in 2020-2021, ETH investors could get a maximum profit of x52, while SOL investors could get a maximum profit of x526. In other words, SOL delivered better maximum profit than ETH in the 2020 cycle. In fact, the investor's buying and selling time will greatly determine this profit and the figures are for reference only.

[UNIVERSE]

Title says it all, lets discuss here together! I am interested in your guys opinions

At some points?
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.

[pacar_tiri]

At some points?
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.

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.

[Mr. Magkaisa]

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.

[Google+]

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.

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.

[Mr. Magkaisa]

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.

[LogitechMouse]

Title says it all, lets discuss here together! I am interested in your guys opinions

Overtake in terms of what?

Transaction? Solana has 4000 while Ethereum has around 27 transactions per second.
Market cap? Obviously Ethereum has a higher market cap than Solana.
Community? Since Ethereum is way older than Solana, it has a bigger community.
Gas fees? Don't ever think that Ethereum is better than this one. Ethereum has one of the cheapest transaction fees currently. You know what I mean.

I think let's just say that Ethereum has some things that are better than Solana and vice-versa. At the end of the day, both are good in their own ways. Anything that's becoming more popular are always being compared with Ethereum. Now, Solana became the narrative and because of that, many are comparing it with Ethereum. Your question is kind of vague TBH, so I don't want to give a concrete answer to that.

[MUGNIA]

At some points?
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.

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.

is this what is said to be a healthy coin that is always innovating and can keep up with the top coins on the coinmarket,

[MRY]

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.

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.

[akeemqaz]

Title says it all, lets discuss here together! I am interested in your guys opinions

Solana 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.
For me, Ive been holding the two and pair some of them on Bitget smart portfolio to have more of one from there other one pump.. Still hoping to have more ETH because it's seem sol is outperforming it lately.

[Muneeb22]

It may be possible becasue the SOL network fee is very low but the ETH network fee is high and that is not good. Now this time so many projects are go to the SOL and also on the BNB network because the ETH network fee is high and all these networks are secure and good. SOL network is a good network and in future it will get more good projects.

[TopT3ns]

It may be possible becasue the SOL network fee is very low but the ETH network fee is high and that is not good. Now this time so many projects are go to the SOL and also on the BNB network because the ETH network fee is high and all these networks are secure and good. SOL network is a good network and in future it will get more good projects.

The current Ethereum network still has quite high transaction costs and the cost of creating new tokens is quite expensive. Therefore, Ethereum is used for those who have well-developed products that will be valuable. Meanwhile, when new projects enter the Solana network, many of them end up being scams because on the Solana network the transaction fees are all very cheap.

[MrSpasybo]

It may be possible becasue the SOL network fee is very low but the ETH network fee is high and that is not good. Now this time so many projects are go to the SOL and also on the BNB network because the ETH network fee is high and all these networks are secure and good. SOL network is a good network and in future it will get more good projects.

Solana's advantages in speed and transaction fees have made it the preferred platform for memecoins and NFTs in recent times. I think this is just the beginning and in the future Solana can become the blockchain for common P2P and P2B transactions, while Ethereum can be used for more important purposes such as tokenizing large assets and B2B payments. Solana's only problem is POH stability, Solana really needs to improve this to continue to exist and compete with many other blockchains besides Ethereum, such as Avalanche and Ton with speed of ~100k tps.

[salad daging]

It may be possible becasue the SOL network fee is very low but the ETH network fee is high and that is not good. Now this time so many projects are go to the SOL and also on the BNB network because the ETH network fee is high and all these networks are secure and good. SOL network is a good network and in future it will get more good projects.

The current Ethereum network still has quite high transaction costs and the cost of creating new tokens is quite expensive. Therefore, Ethereum is used for those who have well-developed products that will be valuable. Meanwhile, when new projects enter the Solana network, many of them end up being scams because on the Solana network the transaction fees are all very cheap.

Check Ethereum transaction fees - https://etherscan.io/gastracker
I think with the current gwei it's still quite cheap compared to the previous high.

Remember that Solana is not an Ethereum killer by any means, they may say Solana has a cheap network but behind it all are a lot of scammers making token plans that will rugpull later which in the end becomes a scam.

But ETH will not be able to be overtaken because MC is too big and far different from Solana.