|
"Compared to Bitcoin, Ethereum was a faster and more cost-effective option at the time, which contributed to the rise of Ethereum. Today, Solana is even faster and more cost-effective than Ethereum.
Cathie Wood also discussed Solana and Ethereum as crucial components of the blockchain ecosystem, serving as essential infrastructure layers that can provide more practical applications compared to Bitcoin.
Solana (SOL) has shown strong momentum this year, with a price increase of over 500% from the beginning of the year. Some analysts believe that this adjustment in price reflects the long-term undervaluation of SOL.
According to CoinGecko's data, in just the past week, SOL has surged nearly 50%, while Bitcoin and Ethereum have risen by 2.8% and 7.1%, respectively. This indicates that SOL's performance is significantly ahead of the overall market." |
|