This Chart Is Pro-Solana: Is It Time To Sell ETH For SOL?

This Chart Is Pro-Solana: Is It Time To Sell ETH For SOL?
For the last two years, Ethereum (ETH) has outperformed Solana (SOL), looking at the performance in the weekly chart. However, according to one technical analyst on X, this is about to change, especially considering the candlestick arrangement of the SOLETH chart on the weekly chart.  Will SOL Outperform ETH In 2024 And 2025? Sharing a screen grab, the analyst who goes by the handle “CryptoGodJohn” on X is optimistic, saying at spot rates, this can be the “right” time for traders to swap their ETH for SOL before the next leg up that will push SOL higher in the next two years. However, whether this will pan out remains to be seen. What’s evident is that the path of least resistance appears northwards, looking at price charts. At the time of writing, SOL is up 71% versus ETH from June. Moreover, zooming in closer, SOLETH prices are teetering around critical resistance levels. Although trading volumes are relatively light and cannot be compared with those of late Q2 2023, sentiment is beginning to shift and favors SOL bulls. The sharp expans ..

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