Solana Set to Outshine Ethereum in the Next Bull Run, Predicts Analyst
While Ethereum attracted around $3.3 million in institutional funds, the amount injected into the Solana network by the same category of investors was $13 million. Armstrong mooted the possibility of this pattern continuing, especially with the ongoing arbitrary issues within the background among Ethereum stakeholders. He wondered if this could lead to an exodus of investors from Ethereum to Solana.
According to Armstrong, even if Solana performs four times better than Ethereum in market cap, it would still not catch up with the flagship altcoin. However, he thinks there is an outside chance of about 20% that it could still happen.
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Solana Set to Outshine Ethereum in the Next Bull Run, Predicts Analyst
While Ethereum attracted around $3.3 million in institutional funds, the amount injected into the Solana network by the same category of investors was $13 million. Armstrong mooted the possibility of this pattern continuing, especially with the ongoing arbitrary issues within the background among Ethereum stakeholders. He wondered if this could lead to an exodus of investors from Ethereum to Solana.
According to Armstrong, even if Solana performs four times better than Ethereum in market cap, it would still not catch up with the flagship altcoin. However, he thinks there is an outside chance of about 20% that it could still happen.
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