Ethereum

Solana

<div class="dailyhodl">
 <p>The co-founders of the crypto analytics firm Glassnode think Solana (SOL) could outperform Ethereum (ETH) by up to 5x in the current bull run.</p>
 <p>Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say the SOL/ETH chart suggests the SOL/ETH ratio could surge.</p>
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 <p><em>“In other words, SOL may outperform ETH by 4-5X into the crypto top. And Ethereum is going to rally by itself also.”</em></p>
 <figure style="width: 100%" class="wp-caption alignnone"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GECWuIQXcAAQCOf?format=jpg&amp;name=4096x4096" alt="Image" width="2550" height="1178">
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   Source: Negentropic/X
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 <p>The chart looks at the Relative Strength Index (RSI), a widely used momentum indicator that aims to determine if an asset is overbought or oversold. The RSI indicates SOL has strong momentum, according to the Glassnode founders.</p>
 <p>The chart also examines the moving average convergence divergence (MACD) indicator, a momentum metric that traders use to watch possible trend reversals. Happel and Allemann say SOL’s MACD looks bullish.</p>
 <p>SOL is priced at $100 at time of writing. ETH is trading at $2,539.</p>
 <p>Happel and Allemann also say that altcoins in general are “ready to fly.”</p>
 <p><em>“We have had a period of CONSOLIDATION after the break-up of the rounding bottom formation. The next phase is ACCELERATION!</em></p>
 <p><em>This is where the Altcoin Season sends crypto flying. The market will double and triple [in] a matter of few weeks to months.”</em></p>
 <figure style="width: 100%" class="wp-caption alignnone"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GD9dsHsW4AAGR4_?format=jpg&amp;name=4096x4096" alt="Image" width="2540" height="1186">
  <figcaption class="wp-caption-text">
   Source: Negentropic/X
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 </figure>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/solana-primed-to-outperform-ethereum-by-up-to-5x-according-to-glassnode-co-founders-here-s-the-timeline-tbt77028.html">https://thebittimes.com/solana-primed-to-outperform-ethereum-by-up-to-5x-according-to-glassnode-co-founders-here-s-the-timeline-tbt77028.html</a></p>

Solana Primed To Outperform Ethereum by up to 5x, According to Glassnode Co-Founders – Here’s the Timeline

TheBitTimes

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