Could Solana Beat Ethereum to Become the Largest Altcoin in 2025?

Solana vs. Ethereum
Throughout Q4 2024, Solana has outpaced Ethereum in key areas like app fees, app revenue, and DEX volume, showcasing its growing dominance in the DeFi space. Solana’s competitive metrics put it neck and neck with Ethereum, particularly in decentralized exchange activity, where it leads significantly in volume.

These Catalysts Could Bolster Solana Adoption
Solana’s growth is fueled by cross-chain inflows and its capability to host DEXes that rival centralized exchanges. The potential approval of a Solana ETF by the SEC could further legitimize its standing, akin to Ethereum’s ETF success in attracting institutional capital.

Technical Analysis Targets for Solana and Ethereum
Ethereum is hovering near its peak, with underlying bearish trends suggesting potential corrections. Meanwhile, Solana shows potential for gains, targeting new growth levels and promising a formidable challenge to Ethereum’s dominance.

Solana Cools Down After Pump.fun Pulls the Plug on Livestreams
Despite its recent rise, Solana has experienced a temporary slowdown following Pump.fun’s decision to end livestreams. This cooling period presents a challenge to maintaining its growth trajectory. Market participants await Solana’s next moves, potentially driven by ETF approval or increased DEX adoption.

Disclosure: This article is for educational purposes and is not investment advice.