A well-known crypto analyst is anticipating an exponential rally for one of Ethereum's (ETH) biggest competitors on the back of rapid adoption.steemCreated with Sketch.

in #steemsolona2 years ago

According to the unidentified host of InvestAnswers and his 444,000 subscribers on YouTube, the rapid adoption of the smart contract platform Solana may be the engine that propels SOL back to its all-time high of $259.65.
“I think Solana has a screaming value, and I do believe it will at least go to 20% of ETH's market cap in the very near future, considering that it trades at less than 1/16th of Ethereum's market cap. However, it is as widely adopted and does a lot of transactions.
Additionally, I believe that Bitcoin (BTC) and Ethereum (ETH) will rebound first and Ethereum (USD) second as the market recovers. Once these things run, the money will transfer from the runners to the ones that haven't yet run.That will be Solana, and if it reaches extremely high levels, the return will be 825 percent.So, in essence, investing in Solana is riskier than investing in Ethereum, but you only make three times as much money.And at this point, we are.

Coin Marketplace

STEEM 0.20
TRX 0.14
JST 0.029
BTC 67865.46
ETH 3258.03
USDT 1.00
SBD 2.64