Want to Buy Ethereum While It's Cheap? Consider Solana Instead.
Ethereum (CRYPTO: ETH) holders are probably pretty irate right now, considering the coin's decline of 48% over the last three years. For enterprising buyers, that dip looks like it could be a tasty opportunity to buy a bunch of it while it's cheaper than before -- assuming it recovers, that is.But there's more than one good argument for why it would make more sense for those investors to buy Solana (CRYPTO: SOL) instead. Let's look at one of the simplest ones.First, let's establish the context of evaluating Ethereum against Solana. Ethereum's market cap is $211.9 billion, whereas Solana's is $57.6 billion, or around 27% of the size. That doesn't necessarily imply anything about the growth potential of one over the other, but it does give an idea of the value of the tokens on their chains.Continue reading
Ethereum (CRYPTO: ETH) holders are probably pretty irate right now, considering the coin's decline of 48% over the last three years. For enterprising buyers, that dip looks like it could be a tasty opportunity to buy a bunch of it while it's cheaper than before -- assuming it recovers, that is.
But there's more than one good argument for why it would make more sense for those investors to buy Solana (CRYPTO: SOL) instead. Let's look at one of the simplest ones.
First, let's establish the context of evaluating Ethereum against Solana. Ethereum's market cap is $211.9 billion, whereas Solana's is $57.6 billion, or around 27% of the size. That doesn't necessarily imply anything about the growth potential of one over the other, but it does give an idea of the value of the tokens on their chains.
