We now know that approximately 70% of all daily blockchain fees are collected on Solana chain. This reminds us of Etherium in the previous cycle. Solana's being faster and cheaper, ETH L2's cannibalizing their mother chain in activity and fees, and complexity of execution in Etherium chain might be seen as the main reasons here (please comment if any more).
When we look at the price action, we see that
SOL has outvalued 
ETH 1200% since the start of 2023. The interesting fact is that this uptrend has been intact since then. While ETH maxis, like a religious revelation, claim that ETH will rise from its ashes and beat BTC eventually, the fundamentals and technicals do not support this idea. I predict that unless dramatical fundamental changes happen, this trend will continue throughout the final stages of this bull market. So I continue to be long SOLETH
When we look at the price action, we see that
SOL has outvalued ETH 1200% since the start of 2023. The interesting fact is that this uptrend has been intact since then. While ETH maxis, like a religious revelation, claim that ETH will rise from its ashes and beat BTC eventually, the fundamentals and technicals do not support this idea. I predict that unless dramatical fundamental changes happen, this trend will continue throughout the final stages of this bull market. So I continue to be long SOLETH
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.