SOLANA has obliterated ETHERIUM in this bull market.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
HTF SOLETH bullish thesis has strengthened. Flippening possibleWe previously made a medium time frame analysis on SOLETH and predicted a reversal of SOL v ETH
we have successfully reached those targets and now have reassessed.
Based on the metrics, technicals, not even mentioning a variety of onchain indicators and whale accumulation we believe SOL is going
SOL vs ETH. Who is Winning the Generational Battle for DeFi?Since September of 2023, Sol has crept up on ETH dominance, gradually and for the first time in 5 years broken the previous ATH before the current one.
Following that it immediately retraced and bounced from the resistance. A classic pattern indicating that the wind is behind it's sails, to use a
SOL to lead ETH again? A possibilitySOL broke down its long term growth trend against ETH and entered a correction
that did not however preclude it from recovering
will SOL lead ETH again
and make vitalik seethe?
Charts show that upward continuation for SOL is possible
Maybe it will make a double top against ETH there
and start
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.