Krüger: Solana Can Surpass Ethereum’s Market Cap, Here’s How[embed]https://www.youtube.com/watch?v=im4J4ZR_5ds[/embed]

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    <p>Renowned economist and trader Alex Krüger argues that Solana (SOL) overtaking the market cap of Ethereum (ETH) may not be as implausible as many investors think.</p>
    <p>During a recent episode of the Unchained podcast, Krüger discusses Multicoin Capital managing partner Kyle Samani’s <a href="https://x.com/KyleSamani/status/1840131405998850469" rel="noopener" target="_blank">view</a> that Solana could eventually surpass Ethereum.</p>

    <p>Krüger expresses a long-term optimistic outlook on SOL/ETH, noting that Solana is well-positioned to challenge Ethereum's dominance.</p>
    <p><em>“I believe this is quite achievable in the long term. While I'm not actively betting on that scenario, it seems very plausible. In my view, SOL is the only blockchain outside of ETH that has gained traction. They lack nothing necessary to succeed. The activity is present, and the innovation is robust…</em></p>
    <p><em>As I examine charts and the prevailing euphoria, I happened to pull up the SOL/ETH chart. If you adjust the timeframe by a week, it will appear flat over the year…</em></p>
    <p><em>The difference in implied volatility between SOL and ETH is roughly equivalent to their 2024 price performance disparity. Reflecting on this, especially amidst the ongoing excitement and the challenges—like ETH targeting SOL and vice versa—it makes one think the price gap should be twice as large instead of just 25%... </em></p>
    <p><em>I have a bullish outlook on SOL compared to ETH over the next year. However, it's tough to make predictions for six months down the line due to numerous unlocks anticipated early next year, so I suggest extending my forecast further out.”</em></p>
    <p>As of now, SOL/ETH is priced at 0.0602 ETH, which is equivalent to $157.61.</p>
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