Analyst Compared Solana To Ethereum ICO Boom, What Does This Mean For SOL Price?

Analyst Compared Solana To Ethereum ICO Boom, What Does This Mean For SOL Price?
Crypto analyst Santiago Santos recently drew parallels between the Solana and Ethereum networks. As part of his analysis, Santos suggested that Solana had an advantage over Ethereum, something which he believes could cause the former to catch up with the latter soon enough.  Solana’s Recent Run Similar To Ethereum’s ICO Boom Santos mentioned in an X (formerly Twitter) post that Solana is “going through what Ethereum did during the ICO boom.” However, unlike then, when it was only whitepapers, Solana has applications seeing meaningful usage and growth, the analyst further claimed. This is one of the reasons why Santos believes that Solana will “converge on Ethereum faster than most believe.” Related Reading: Skybridge Capital CEO Reveals When Bitcoin Price Will Reach $170,000 The crypto analyst was referring to Solana’s recent run, with the network seeing a lot of activity. Some of this activity has been credited to the applications and protocols being built on the Solana network. Particularly, the Decentralized Exchange (DEX) Jupiter has been drawing a lot of attention to Solana and even recently s ..

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