"That's a lot, do you think SOL can beat ETH?"
After being inspired by an interview featuring macroeconomist Henrik Zeberg and Global Macroinvestor CEO Raoul Pal, Glassnode Co-founder Jan Happel and Yann Allemann predicted Solana (SOL) could outperform Ethereum (ETH) by 500%.
An optimistic perspective on SOL from the founder of Glassnode has emerged amid talk of a potential massive rally in the SOL/ETH chart plus Pal and Zeberg expressing his confidence in SOL's bullish momentum.
Through Glassnode's analytical insights, chart projections suggest that SOL's potential performance is four to five times better than ETH should a bull run occur in the future.
Although the price of SOL and ETH have now seen a drop of 11.39 and 7.38% respectively over the past week, the founder of Glassnode strongly believes that SOL's ability to overtake ETH is not an impossible occurrence.
This is because SOL has shown a very strong one-year movement where its price climbed 340.43% from $20 to $126 compared to ETH which is also up 59%, but still seeing little growth.
The bullish prediction from the founder of Glassnode has introduced quite an interesting angle as as the cryptocurrency market develops, investors will be watching closely to see if SOL can overtake ETH with a projected 500%.
As of this writing, SOL price has plunged by 6.39% to $84.86 in the last 24 hours with a market capitalization of $36 billion while ETH also recorded a 4.43% decline at $2,332.
