This February, Saltworks (Crypto: Salt) continues up to one Ethereum(Crypto: eth)The second largest currency crypt in the market and its largest rival. And, given that Ethereum’s shaking is in progress, there is a good chance that hits just come.
Here’s what happens and how it affects your choice where to park your money.
Solana and Ethereum are both of the main players for Decentralized finances (Dead) activity, as well as hot trading sites through decentralized financial exchange. They are also among the biggest crypto currency per market, as well as the number of different tokens and projects hosting on their blockchains. This makes them direct competitors, and makes the details of their competitive fight very relevant when it comes to choosing to invest.
In particular, the pure amount of trading in each chain is the main battlefield. More volume of trading means greater stress online, increasing the chances of congestion, but this also means generating more gas (user) fees to finance the network infrastructure and, potentially, additional activities such as upgrading and marketing.
Through February 11, this month is that Solana is eating an Ethereum lunch in ways that are bigger than ever. He reported a volume of trading more than $ 60 million compared to Ethereum $ 34 million.
This larger volume has real consequences; In January, large quantities of trading gave Solana $ 124 million in revenue, compared to $ 109 million for Ethereum. An additional income could easily be turned into a more lasting effect for the salt pans over time.
It is likely that the difference is at least partially due to the intense meme of the Solana coin. While loaded with fraudIt is significantly larger than Ethereum, thanks to Solan’s dramatically lower transaction fees and significantly faster transaction times.
Despite many attempts to solve these questions, Ethereum seems to be nowhere close to being as fast or cheap as his competitor. It is uncertain whether the replacement of the best leaders will emphasize the technical talent to be an effective remedy.
Furthermore, there are no clear catalysts in the store that would allow Ethereum to return and re -withdraw some of the market activities over Solan Special. Even investors have not been excited about Ethereum lately, given that over the last 12 months its price has fallen by 2%, compared to the profit of salt of about 80%.
The most obvious way in which investors can use this information is the investment in the salt pans, not the Ethereum.
Considering the short -term Solana winds, such as further infrastructure projects for the activity of coins of meme coins and projects for artificial intelligence (AI) that start going to the chain, the coin is worth buying. His long -term picture looks strong as always.
Recent tail winds from the CHRIPTO CEO and the possible approval of funds that are trade on the Stock Exchange (ETFS) that hold a coin can also be encouraged.
But here is another argument. Ethereum did not become the main currency of the currency, refusing to innovate in response to trends in its sector. No other blockchain has a deep list of qualified developers.
And although it is somewhat subjective, there is at least some reason to believe that its characteristics of the smart contract are more comprehensive than the Solan, which could be a point in its benefit in the construction of the AI agent’s infrastructure, because AI agents would be hypothetically relied on to such functions.
In other words, Ethereum is more likely to adapt and do at least a little in solving or alleviating its problems in the long run. In five years, its price will almost certainly be higher than it is today, even if Solana probably gets more.
Therefore, if you are the opposite investor, think about it right now, you might want to buy Ethereum, because feelings around him is awful, and that could be shown in relation to the price in the future.
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