COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Ethereum’s Rally and the Competition with Solana
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Ethereum (ETH) > Ethereum’s Rally and the Competition with Solana
Ethereum (ETH)

Ethereum’s Rally and the Competition with Solana

In Brief

  • Solana outperformed Ethereum in recent market uptrend.

  • Ethereum's price surge signals investor confidence return.

  • Analysts set bullish targets for Ethereum's upcoming performance.

COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

Over the past three months, during the upward trend in the cryptocurrency market, Solana managed to outperform Ethereum in gains. However, a 8.9% increase in Ethereum’s price in the last 24 hours has led to signals of investors returning to Ethereum. At the time of writing, Ethereum is trading at $2378, and we are examining what is expected in the coming days.

Contents
Noteworthy Target for EthereumSolana and Ethereum Advocates Face Off

Noteworthy Target for Ethereum

Jordi Alexander, the chief investment officer of Selini Capital, stated on December 27th via X that “Ethereum’s revenge is starting,” a post that managed to catch the crypto community’s attention.

Alexander referred to several altcoin rallies and Michael Saylor’s purchase of $615 million worth of Bitcoin on December 26th as solid foundations for an upward move in Ethereum’s price in the coming weeks:

“The risk/reward in Ethereum here is so compelling that I see a liquidity black hole forming in January.”

Popular investor and analyst Pentoshi added to the bullish target for Ethereum, making a notable post via X with a price target of approximately $3,485.

Solana and Ethereum Advocates Face Off

The tension between community members advocating for the Solana and Ethereum ecosystems has reached a notable point in the last few weeks. According to TradingView data, while Ethereum has gained 102% in value since the beginning of the year, its price performance has been overshadowed by Solana, which has seen a significant gain of 951% since the start of the year.

This significant price performance and the number of transactions in the ecosystem have led many to claim that Solana’s lower fees and faster payment times make it a superior blockchain compared to Ethereum. Recent airdrop events and the memecoin hype in the Solana ecosystem have helped spread these types of thoughts more widely.

However, Ethereum supporters argue that the architecture of the networks is more suitable for larger organizations operating in the ecosystem and point to Layer-2 scaling solutions like Optimism and Arbitrum as examples of cheaper fees on the Ethereum network.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Ethereum Surges: Will ETH Finally Break Through?

Ethereum Surges as Weak Dollar Sparks Major Rally

Ethereum Surges Past Bank of America in Market Value

Ethereum Hits New Heights with Impressive Price Surge

Explore Ethereum’s Dynamic Market Trends and Comparative Performance with Bitcoin

COINTURK NEWS 28 December, 2023 - 11:17 am 28 December, 2023 - 11:17 am
Share This Article
Facebook Twitter
Share
Previous Article Solana Breaks Past $110 and Analysts Project Further Growth – Ripple and Meme Moguls to Follow With Major Rally
Next Article Chainlink (LINK) Gains Momentum as Whales Accumulate Ahead of 2024
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

IMF Challenges El Salvador’s Bitcoin Ambitions
Bitcoin (BTC)
Dogecoin Surges as Traders Seize Market Opportunities
Dogecoin (DOGE)
Cardano Excels with Impressive Surge: Transactions and Investor Interest Soar
Cardano (ADA)
Ripple Challenges SEC’s Stance on Crypto: Demand for Clarity Surges
Ripple (XRP)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?