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Author Topic: Do you think Solana Network will overtake Ethereum at some point?  (Read 22199 times)

Offline doc

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #45 on: June 25, 2024, 06:57:58 AM »
I am not following up the two projects to know if they are doing well or not. All the two were having network issues and I don't know for now and if Ethereum is still having it network congestion and Solana is free from it and the price is moving up very well then Solana will challenge Ethereum in the future although the price difference is very big but that is not withstanding because of the demand and supply of Solana is more than Ethereum then within a month Solana will surpassed Ethereum.
It took a long time for Solana to surpass Ethereum, because Ethereum is the most popular altcoin and it took time for Solana to overtake Ethereum. Anything could happen in the future, but not in the near future. BNB also has the same opportunity as Solana to compete there.

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #45 on: June 25, 2024, 06:57:58 AM »

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #46 on: June 25, 2024, 03:31:21 PM »
I am not following up the two projects to know if they are doing well or not. All the two were having network issues and I don't know for now and if Ethereum is still having it network congestion and Solana is free from it and the price is moving up very well then Solana will challenge Ethereum in the future although the price difference is very big but that is not withstanding because of the demand and supply of Solana is more than Ethereum then within a month Solana will surpassed Ethereum.
It took a long time for Solana to surpass Ethereum, because Ethereum is the most popular altcoin and it took time for Solana to overtake Ethereum. Anything could happen in the future, but not in the near future. BNB also has the same opportunity as Solana to compete there.

IMO, Solana is much better than BNB, BNB is heavily centralized as I have heard and also it's just another evm chain compared to Solana which is layer 1, plus the day Binance falls, BNB will take a huge hit.


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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #46 on: June 25, 2024, 03:31:21 PM »

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #47 on: June 25, 2024, 07:13:34 PM »
It took a long time for Solana to surpass Ethereum, because Ethereum is the most popular altcoin and it took time for Solana to overtake Ethereum. Anything could happen in the future, but not in the near future. BNB also has the same opportunity as Solana to compete there.
That your bolded phrase confused me because the last time when I checked Ethereum was $3,387 while Solana was $137,93 so when i saw the was took i thought solana has already taken over Ethereum but it is not yet. And probably it is a typos. But we have to remove the most popular because of the uses of Solana is high then Solana will surpass Ethereum with ease. But the gap Ethereum gives Solana is very big so it is not easy for Solana to surpass Ethereum.

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #48 on: June 26, 2024, 03:06:28 PM »
Title says it all, lets discuss here together! I am interested in your guys opinions
Initially I thought that Solana would overtake Ethereum, but now I think not. Ethereum is too strong to beat even though many people complain about the high transaction fees on Ethereum. If you compare it with Solana, it really isn't comparable. 
However, the reality is that until now Ethereum is still a favorite of many people, despite its shortcomings. 
Solana still needs to fight hard if it wants to beat Ethereum, and this is not easy.

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #49 on: June 26, 2024, 07:31:50 PM »
It took a long time for Solana to surpass Ethereum, because Ethereum is the most popular altcoin and it took time for Solana to overtake Ethereum. Anything could happen in the future, but not in the near future. BNB also has the same opportunity as Solana to compete there.
That your bolded phrase confused me because the last time when I checked Ethereum was $3,387 while Solana was $137,93 so when i saw the was took i thought solana has already taken over Ethereum but it is not yet. And probably it is a typos. But we have to remove the most popular because of the uses of Solana is high then Solana will surpass Ethereum with ease. But the gap Ethereum gives Solana is very big so it is not easy for Solana to surpass Ethereum.
Solana is still far from outperforming Ethereum and there are even statements that Solana is the killer of Ethereum but it turns out that not from market capitalists alone it is far different so for me at any time Solan will not come close to ETH in the near or distant future.

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #50 on: June 26, 2024, 10:05:20 PM »
Solana is still far from outperforming Ethereum and there are even statements that Solana is the killer of Ethereum but it turns out that not from market capitalists alone it is far different so for me at any time Solan will not come close to ETH in the near or distant future.
Solana has nothing to do with Ethereum because they are not in the same lane. Those they are all following the price movement of bitcoin but Solana Young in price than Ethereum. Ethereum this days is not reducing like before again after the approval of the Ethereum ETF though according to news the spot ETF of Ethereum has not been implemented. And if they implement it then the price will increase and the investors will make more gains and for now the investors are waiting for the implementation to kick start.

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #51 on: June 26, 2024, 10:31:33 PM »
BNB also has the same opportunity as Solana to compete there.
BNB can complete very well if Binance keeps its reputation high because if any action is taken against Binance or its CEO then it could impact BNB very adversely. I still believe that Solana will win the battle against BNB but it will take Solana decade to overtake Ethereum or that won't happen at all ever.
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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #51 on: June 26, 2024, 10:31:33 PM »


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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #52 on: July 09, 2024, 12:35:47 PM »
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

If we talk about technology, I think solana is better than Ethereum.
But Ethereum is more popular, it's too far.
For the next few years , I don't believe solana will overtake Ethereum.

If you check, you'll notice that emerging Blockchain is developed upon and improve on the weaknesses of other blockchains. Solana has been able to make transaction faster with lesser transaction fee. However, Ethereum still has unique features that endear developers  to it and investors love it for long term.


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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #53 on: July 30, 2024, 11:14:57 PM »
It took a long time for Solana to surpass Ethereum, because Ethereum is the most popular altcoin and it took time for Solana to overtake Ethereum. Anything could happen in the future, but not in the near future. BNB also has the same opportunity as Solana to compete there.
That your bolded phrase confused me because the last time when I checked Ethereum was $3,387 while Solana was $137,93 so when i saw the was took i thought solana has already taken over Ethereum but it is not yet. And probably it is a typos. But we have to remove the most popular because of the uses of Solana is high then Solana will surpass Ethereum with ease. But the gap Ethereum gives Solana is very big so it is not easy for Solana to surpass Ethereum.
It's too early for any of us to start now to think that Solana will surpass the queen of crypto(ethereum) because of its increase in price since the start of this year. However, before we think of that, let's first compare both market capitalizations. Ethereum has a market capitalization of $393 billion and $82 billion.

For Solana to give a high market capitalization compared to Ethereum, I don't how long all that we take. It can take up to 10 years above, and Ethereum in the same vein, wouldn't remain with the same market capitalization without having an increased one "market capitalization" together

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #54 on: August 02, 2024, 07:39:44 PM »
It took a long time for Solana to surpass Ethereum, because Ethereum is the most popular altcoin and it took time for Solana to overtake Ethereum. Anything could happen in the future, but not in the near future. BNB also has the same opportunity as Solana to compete there.
That your bolded phrase confused me because the last time when I checked Ethereum was $3,387 while Solana was $137,93 so when i saw the was took i thought solana has already taken over Ethereum but it is not yet. And probably it is a typos. But we have to remove the most popular because of the uses of Solana is high then Solana will surpass Ethereum with ease. But the gap Ethereum gives Solana is very big so it is not easy for Solana to surpass Ethereum.
It's too early for any of us to start now to think that Solana will surpass the queen of crypto(ethereum) because of its increase in price since the start of this year. However, before we think of that, let's first compare both market capitalizations. Ethereum has a market capitalization of $393 billion and $82 billion.

For Solana to give a high market capitalization compared to Ethereum, I don't how long all that we take. It can take up to 10 years above, and Ethereum in the same vein, wouldn't remain with the same market capitalization without having an increased one "market capitalization" together
I think solana and BNB still need some time to compete with ethereum in the future, because ethereum's market cap is already too big so it needs solana to be its competitor to be able to approach ethereum. Maybe in 5 years it can happen if solana's popularity will continue to increase because we know the ethereum community is quite large.

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #55 on: August 02, 2024, 08:10:35 PM »
I think solana and BNB still need some time to compete with ethereum in the future, because ethereum's market cap is already too big so it needs solana to be its competitor to be able to approach ethereum. Maybe in 5 years it can happen if solana's popularity will continue to increase because we know the ethereum community is quite large.
Yes and one thing I know in the cryptocurrency market is that, when bitcoin price increased and decreased it affects all the altcoins and when Ethereum decreased, it does not affect Solana and BNB. So if they can increasing very well within a month, they can surpass Ethereum but that should be a dream for now. The gap as I said earlier is very much for those guys to reach Ethereum in anytime time soon.

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #56 on: August 02, 2024, 09:31:07 PM »
I think solana and BNB still need some time to compete with ethereum in the future, because ethereum's market cap is already too big so it needs solana to be its competitor to be able to approach ethereum. Maybe in 5 years it can happen if solana's popularity will continue to increase because we know the ethereum community is quite large.
Yes and one thing I know in the cryptocurrency market is that, when bitcoin price increased and decreased it affects all the altcoins and when Ethereum decreased, it does not affect Solana and BNB. So if they can increasing very well within a month, they can surpass Ethereum but that should be a dream for now. The gap as I said earlier is very much for those guys to reach Ethereum in anytime time soon.
It's a long way for Solana and BNB to rival ETH and even BNB mimics ETH in concept from the address to the explorer.
I wouldn't think that Solana and BNB can surpass it in 10 years it's too difficult because the Ethereum community is already too big and altcoin capitalists are only at Ethereum at most.

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #57 on: August 02, 2024, 09:43:09 PM »
It's a long way for Solana and BNB to rival ETH and even BNB mimics ETH in concept from the address to the explorer.
I wouldn't think that Solana and BNB can surpass it in 10 years it's too difficult because the Ethereum community is already too big and altcoin capitalists are only at Ethereum at most.

It's going to take a lot of hardwork and community support for ethereum to supas Bitcoin, the same way it's going to be for Solana and BNB to flip ethereum. It's not going to be an easy task but you need to also understand that Ethereum whales are the same people that own large chunks of solan. I can't say we'll enough for bnb since the token is a centralized utility exchange and these people wouldn't allow another coin to destroy their wealth one day. Solana going above ethereum means some people are going to sell their ethereum to buy Solana as the new coin in town.
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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #58 on: August 02, 2024, 10:10:39 PM »
It's a long way for Solana and BNB to rival ETH and even BNB mimics ETH in concept from the address to the explorer.
I wouldn't think that Solana and BNB can surpass it in 10 years it's too difficult because the Ethereum community is already too big and altcoin capitalists are only at Ethereum at most.

It's going to take a lot of hardwork and community support for ethereum to supas Bitcoin, the same way it's going to be for Solana and BNB to flip ethereum. It's not going to be an easy task but you need to also understand that Ethereum whales are the same people that own large chunks of solan. I can't say we'll enough for bnb since the token is a centralized utility exchange and these people wouldn't allow another coin to destroy their wealth one day. Solana going above ethereum means some people are going to sell their ethereum to buy Solana as the new coin in town.
I'm not saying Ethereum can surpass bitcoin, because I'm not sure how long it will take for ETH to unseat bitcoin for first place.
Likewise, Solana and BNB are a bit difficult to shift ETH even I'm not sure myself, this is my own opinion maybe you have other thoughts.
That the pope will not keep 1 or 2 assets it will be more assets held by the pope, still Eth will be stronger even though the network is expensive the market is never quiet, you can see the TVL is much different from Solana.
https://defillama.com/chain/Ethereum

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Re: Do you think Solana Network will overtake Ethereum at some point?
« Reply #59 on: August 03, 2024, 02:23:55 AM »
It's going to take a lot of hardwork and community support for ethereum to supas Bitcoin,
i don't think it's gonna happen anytime soon or just anytime in general Bitcoin is too far ahead of bitcoin the only way ethereum can surpass Bitcoin is if Bitcoin was in a downward spiral and Ethereum be in an upward one which is unlikely because the performance of one coin is usually relative to the performance of another
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Solana going above ethereum means some people are going to sell their ethereum to buy Solana as the new coin in town.
Solana isn't quite so new and i also don't think it's all just about the hype since it has been established well these past few months and has solidified their community

 

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