Call me crazyDMI looks like it was to reverse price action hard with this formation. Be interesting to see if eth takes of or if sol gets crushed.by seanders_3
Is money moving from Ethereum to Solana?Solana quoted in Ether is in a decisive region. It has already broken the 2021 high, but it is necessary to be aware of a possible bull trap. It is interesting to note that Solana's TVL¹ is still 9% of Ethereum . We obtain this number by dividing the TVL's. So the chart shows a break above the 2021 all-time high, when it was 8.64%: However, in the USD quote, the price is in a turbulent region; there may be false breakouts up or down. ¹ Total Value Locked: total value of assets that are locked in a DeFi protocol through smart contractsby andre_007111
SOL should continue to significantly outperform ETH SOL outperformed ETH in 2023 920% to 91%. SOL outperformed ETH so far in 2024 43% to 4%. I am projecting SOL to continue to significantly outperform ETH in this cycle from now until the approximate market top in Oct 2025. As such I've decided to unstake the Lido stETH in Ledger and claim the equivalent ETH six days from now. The plan is to send that ETH to Coinbase, sell it for USD, and then use the proceeds to buy more SOL. Notice the Elliot Wave projection for the SOLETH weekly chart until Oct 2025. The 0.0612 value now I am projecting to about .33 by Oct 2025 or a 5 fold increase. That could be $3300 SOL when ETH reaches $10000 at the same time. :)Longby shubbs111
SOL - Showing Strength Against ETHHere is a link to our previous post: We were expecting ETH to outperform Solana with the ETF and other factors for the cycle, but no things might be looking to take a turn. If Solana can take advantage of the weakness of ETH at the current moment then it could break out of this supply zone and start increasing at a faster rate than ETH. by VIAQUANT0
ETH season is comingSolana needs a breather and will go down to major support. Ethereum is gonna leave a multi-year long created cup-and-handle formation behind it to the upside. Simple.Shortby PizzaDriverUpdated 2
SOL/ETH Bull Pendent SOL/ETH SOL is about to outperform CRYPTOCAP:ETH 🔥 We have a Bullish Pennant below the ATH Resistance and ready to break out of the oneLongby WhaleKingpin0
Solana's next leg up is starting...Expect SOL to outperform everything again in the next 7 months IMHO... I'm still long ETH, and BTC via futures, but added to my SOL bags substantially this week. Paypal's stablecoin is seeing massive growth (partially thanks to their subsidized defi yield), memes are still a dominant narrative and a huge source of fees denominated in SOL, and decentralized exchange volumes in Solana are beating everything else. Additionally, the next ETF to be approved, after Ethereum, will probably be a Solana one, so the market is front running this right as ETH ETFs go live in a couple days. I'm documenting my call and targets here, for posterity's sake, see the older SOL posts I made, there's a lot of intricacies and things to do with defi and onchain activities to further boost returns, hedging opportunities, short term futures trades, etc. that you can't get from following my TV posts, but it gives you an idea of my batting average with these ideas. Best of luck! Cheers, Ivan Labrie.Longby IvanLabrieUpdated 5
$SOL Long- A Fractal Study on $SOLETHPosting this chart for later street cred. SOL/ETH pair is the next ETH/LTC pair CRYPTOCAP:ETH has vastly outperformed CRYPTOCAP:LTC since ETH burst onto the scenes in 2016. CRYPTOCAP:SOL has vastly outperformed CRYPTOCAP:ETH since SOL burst onto the scenes in 2020. We are in midst of the next parabolic run, ~0.15 is the target for this BINANCE:SOLETH pair's top this cycle. A study on fundamentals, cycles, fractals... common sense. CRYPTOCAP:SOL / CRYPTOCAP:ETH - @CryptoCurb Longby CryptoCurb2
SOLETHSOL IN UPWARD TREND ETH DOWNWARD TREND But more challenges by the SEC facing both in the next weeks. Currently SOL in uptrend,.If levels reached, go shortShortby DaveBrascoFXUpdated 225
$ETH maxis may be in for a rough rideIf CRYPTOCAP:SOL momentum continues, we may be open air to .06 sooner than laterLongby httpzUpdated 332
SOL vs ETH (Y24.P2.Video1).Bearish structure, lost the weeklyHi Traders, Here it shows that we must be on top of our game if we are to maximise our opportunities. I missed this chart which was setup months ago. Really annoying to miss such important opportunities but are we going to learn our lesssons. All the best, S.SAriShort04:43by ssari1
SOL/ETHEven Manlets in disbelief. I dont think we are done. Just one to be able to come back to this and check how my thoughts played out (or not).by famousFlamingo98710
Token not neededSolana attempted to be a layer 2 to ETH in the interim while ETH was building out proto danksharding. Narratives - 1. Base on ETH has began to garner a significant amount of capital. Solana's only value prop is memecoins. If a chain secured by Ethereum's base layer can do the same, what's the point of launching on Solana unless you're trying to run a pump and dump. 2. We're getting late in the cycle, especially if this cycle in the case of a left translated cycle. Majors topping and starting a bear market does not typically bode well for Solana.Shortby limit_buy_691
SOLETH Top Is InAfter the recent approval of the Ethereum ETF, I anticipate a shift in momentum from Solana to Ethereum. When comparing the two networks, Ethereum's robust security model and scalability enable it to support the tokenization of real-world assets through layer-two networks like BASE, Optimism, and Arbitrum. While Solana may attract more retail attention through memecoin speculation, its long-term viability is questionable due to frequent network outages. Although Solana and Phantom offer lower fees and a more user-friendly interface compared to MetaMask, this advantage is negligible considering the potential for trillions of dollars in real-world assets to be moved on-chain via tokenization. In conclusion, Ethereum is the preferred network for Wall Street (BlackRock) to build the stock market 2.0 through the tokenization of securities and real-world assets. Solana has had an impressive run, but Ansem's main character arc has peaked, while Vitalik's is just beginning. This shift will also likely mark a peak in SOLETH.Shortby HashxCapital2
Solana - Dethroned...for nowWith the recent ETH etf hype, I thought it was time to check back up on my SOL/ETH chart and as expected there have been some major developments. Based on the chart it looks like ETH with take back the throne and out perform SOL for the time being. What this chart shows is that we have seen major supply (or Solana being converted into ETH) in this red box. This has also created a triple bearish divergence on the weekly with higher highs vs lower highs on the weekly RSI. Once SOL/ETH is able to break above that red box, we will see Solana take back the throne and enter its massive bull market. by VIAQUANT0
SOL/ETH Analysis - May 21 2024when SOL/ETH chart is rising, it means SOL is doing better compared to ETH (in both pumps and dumps - rising more in pumps and dropping less during market dumps) and when it's in a downtrend, it means ETH is better compared to SOL. this is the 3D timeframe, as can be seen, it is already in resistance zone and it seems it's gonna break below the white trendline and ETH shall fully take over when the blue trendline is broken. many altcoins are launched on ETH network, so basically pump in ETH shall lead to pumps in many coins.by AlgoBotTrading4
SOLETH CORRECTION OF KRAKENSOL benefitting of Ethereum downtrend.Never the less some challenges will face botH Currently long. If 0.5427 breaks, then revre the rrade a go shortLongby DaveBrascoFX0
$SOLETHIt sure does look like a cup/handle formation even though that's a wonky handle. But we're still above the Keltner Channel avg line. .08 level is the what we're all looking at :)Longby huy2211
SOLETH on the verge of doublingThe SOLETH chart is poised for a massive breakout in favor of SOL Longby PeterLBrandt2211
SOL is going to outperform ETH next few monthsThere is a giant cup and handle on the SOLETH weekly chart. The target is about 0.11. So when ETH gets to $10000, SOL should be about $1100. Or when ETH gets to $15000, SOL should be about $1400. This should happen in this bull market by 2025 at the latest.Longby shubbs2
SolEth as predicted!!Looking at this chart just makes me happy how i posted about this almost a year ago. Find it out in the related link. Whales did what was expected! Always a student!Longby Keihan951
Solana is set to outperform ETH during this cycleDo you see this massive Cup and Handle formation? SOL will probably flip ETH if this gets triggered! I feel that HTX accident mangled Solana's chart, and in the absence of it, the blue line would probably held as support, which would still be incredibly bullish.Longby adammska114
#Solana to outperform #ETH 2 - 3XNice W pattern in formation Linear and Log targets provided Cycle 2 coin vs Cycle 3 coin makes complete sense for Solana not only to survive but outperform #Ethereumby BallaJiUpdated 779