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Pseudonymous cryptocurrency trader Wazz Crypto discussed the significant challenges Solana SOL/USD will face in outperforming Ethereum ETH/USD moving forward, touching on critical metrics and market dynamics.
What Happened: Wazz presents a compelling argument suggesting that “it will be much harder for SOL to keep outperforming ETH from here.” He notes that while SOL experienced a 96% decline during the bear market, compared to ETH’s 75%, it was easier for SOL to achieve significant returns due to a simple mean reversion. However, they believe “the meat of the move should be done.”
Quick overview of both the altcoins historical performance:
Cryptocurrency1-Week Gain1-Month Gain1-Year… Read more on Benzinga