This Chart Is Pro-Solana: Is It Time To Sell ETH For SOL? | Headlines | News | CoinMarketCap

10/05/2023 08:10
This Chart Is Pro-Solana: Is It Time To Sell ETH For SOL? | Headlines | News | CoinMarketCap

For the last two years, Ethereum (ETH) has outperformed Solana (SOL), looking at the performance in the weekly chart. However, according to one …

For the last two years, Ethereum (ETH) has outperformed Solana (SOL), looking at the performance in the weekly chart. However, according to one technical analyst on X, this is about to change, especially considering the candlestick arrangement of the SOLETH chart on the weekly chart. 

Will SOL Outperform ETH In 2024 And 2025?

Sharing a screen grab, the analyst who goes by the handle “CryptoGodJohn” on X is optimistic, saying at spot rates, this can be the “right” time for traders to swap their ETH for SOL before the next leg up that will push SOL higher in the next two years.

However, whether this will pan out remains to be seen. What’s evident is that the path of least resistance appears northwards, looking at price charts.

SOLETH price chart: Source: CryptoGodJohn on X

At the time of writing, SOL is up 71% versus …

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