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Solana Prices to Mirror and Ultimately Surpass Ethereum

Solana Prices to Mirror and Ultimately Surpass Ethereum

2023/12/25 21:40

Angel investor Santiago R Santos posted on the X platform stating that Solana will stand shoulder to shoulder with Ethereum and ultimately surpass it, with an 80% probability of this happening in the current cycle. Additionally, as capital inflows increase and the overall cryptocurrency market cap grows (given the sustained high correlation within the cryptocurrency space during this cycle), the fully diluted market cap (FDMC) and prices of ETH and SOL may rise. The convergence of the SOL/ETH ratio and the FDMC of both may ultimately equalize at 1:1.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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