Solana Surges Towards Unseating Ethereum Amid Crypto Rivalry – West Island Blog
Four years ago, Solana made its ambitious debut in the volatile world of cryptocurrency, boldly labeling itself as an Ethereum killer. Back then, only the more seasoned players treated this declaration with any seriousness. After all, was it not just the audacious proclamation of a newcomer who not even ranked amongst the top twenty crypto coins? But in a surprising twist of fate, Solana now sits proudly as the second-largest layer 1 solution.
A fascinating analysis by researcher Dan Smith of Blockworks posits that Solanas growth shows no sign of slowing down. His detailed modelling suggests that it will soon overtake Ethereum in terms of crypto transaction fees, a development that bodes well for fresh ERC-20 coins like Raboo that are built on the Ethereum network.
Ethereum still holds vast sway, lodged firmly in the number two position amongst leading cryptocurrencies. Devised by the visionary Vitalik Buterin, Ethereum reimagined the potential of Bitcoin with the creation of the game-changer, a smart contract. Within less than a decade, Ethereum has accrued a market capitalization of $360 billion, an undeniable proof of its commanding presence. But toppling it from its position is a monumental undertaking, akin to moving a mountain.
Nonetheless, Ethereum reveals a critical chink in its impressive armor. Its costly and sluggish. With staggering transaction fees, Ethereum undoubtedly holds value, but its practical application as a transaction token remains dubious. While its smart contract platform stands as a gold standard, utilizing Ethereum for trading becomes a sullen, costly chore, a severe deterrent for potential investors.
In contrast, Solana, with its confident promise to eclipse Ethereum, exploded onto the scene in 2020. Bolstered by fierce competition from formidable tokens such as Monero and Cardano, it entered the big leagues, swiftly scaling to the enviable top 20 position within a year. Powered by its nimble and efficient smart contract platform, Solana outperformed Ethereum in terms of speed, but more critically, its crypto transaction fees were dirt-cheap. In under three years, Solana rose to prominence as a top 5 coin, a juggernaut only surpassed by Ethereum.
The tides are swiftly turning in Solanas favor; it stands on the brink of overtaking Ethereum in terms of transaction fees, buttressing its claim even further as the Ethereum Killer. With growth that significantly outpaces Ethereum, the question on everyones lips is: can it rightfully claim the number two spot before this decade concludes?
The rise of Raboo, a fresh meme-fi crypto coin, to a hypothetical top 20 position has drawn much interest. But Raboo isnt just another meme coin hoping for easy stardom. It boasts a comprehensive crypto product offering that promises to disrupt the financial landscape. With inbuilt staking and rewards mechanisms, Raboo places itself firmly within the DeFi camp. It also harbors an ambitious plan to delve into the lucrative NFT market, targeting inroad into the buzzing gaming industry.
Tailoring its secret weapon the ability to leverage AI for forward propulsion, Raboo amassed beyond $1 million in liquidity in the early stages of presale. The path it has set for itself to become a top 20 crypto before the advent of 2030 cultivates an enticing investment spotlight.
The brewing rivalry between Ethereum and Solana paints a riveting yet lucrative tableau. Yet, for those looking for exponential growth, Raboo, currently in presale with Raboo (RABT) tokens at $0.0042, awaits on the cusp of a predicted 100x surge once it traverses into the open markets. The stakes have never been higher, and the race never more electrifying. Indeed, the next decade in the world of cryptocurrency promises intriguing jolts and seismic shifts.
Excerpt from:
Solana Surges Towards Unseating Ethereum Amid Crypto Rivalry - West Island Blog
- Ethereum price (ETHUSD) surpasses the resistance Forecast today - 06-01-2025 - Economies.com - January 6th, 2025 [January 6th, 2025]
- Significant Increase in Stablecoins on Ethereum and Solana - Blockchain.News - January 6th, 2025 [January 6th, 2025]
- Riding the Crypto Wave: Ethereum and Rexas Finance Gear Up for 2025 - Devdiscourse - January 6th, 2025 [January 6th, 2025]
- A Big Move Is Near: Crypto Trader Says Ethereum Competitor Could Skyrocket by 266% Within a Few Weeks - The Daily Hodl - January 6th, 2025 [January 6th, 2025]
- This crypto could make up for missing early Bitcoin, Ethereum, and Solana - crypto.news - January 6th, 2025 [January 6th, 2025]
- Bitcoin and Ethereum ETFs Face High Outflows as 2025 Kicks Off - CCN.com - January 6th, 2025 [January 6th, 2025]
- Analysts Predict 400% Growth for ETH by 2025 - Ethereum News Today and Ethereum Price Prediction - Brave New Coin Insights - January 6th, 2025 [January 6th, 2025]
- Over $2.6B in Bitcoin and Ethereum Options Expire Amid Strong Start to 2025 - The Crypto Basic - January 6th, 2025 [January 6th, 2025]
- Ethereum (ETH) Price Nears $3,500 Breakout as Monthly Inflows Cross $2B - Coinspeaker - January 6th, 2025 [January 6th, 2025]
- Lightchain Presale Raises $8.5M, Poised to Rival Ethereum - Bitcoin.com News - January 6th, 2025 [January 6th, 2025]
- 2025 Price Predictions: What Ethereum, Solana, Tron, and Kaspa Might Achieve in the Altcoin Season - Brave New Coin Insights - January 6th, 2025 [January 6th, 2025]
- Ethereum Price is Set for Possible Breakout to $4000 - Crypto Times - January 6th, 2025 [January 6th, 2025]
- Solana Primed To Continue Outperforming Ethereum, According to Crypto Analyst Heres Why - The Daily Hodl - January 6th, 2025 [January 6th, 2025]
- Mind-Blowing XRP Recovery: $3 Target Again? Solana (SOL) on Verge of Breakthrough, Ethereum (ETH) About to Get Tested - U.Today - January 6th, 2025 [January 6th, 2025]
- Bitcoin perpetual swaps stabilize amidst year-end, Ethereum options on track for short-term volatility: report - crypto.news - January 6th, 2025 [January 6th, 2025]
- Dogecoin Sees Explosive 41% Increase In Large Transactions Ahead Of Ethereum | Bitcoinist.com - Bitcoinist - January 6th, 2025 [January 6th, 2025]
- The Daily: Kekius Maximus memecoin plunges after Elon Musk's profile change, Ethereum ETFs see record $2 billion monthly inflows and more - The Block - January 6th, 2025 [January 6th, 2025]
- Massive $2.6 Billion Bitcoin & Ethereum Options Expiry Today: What to Expect? - Coinpedia Fintech News - January 6th, 2025 [January 6th, 2025]
- Ethereum Expected to Surge by Over 20% This Month, Can ETH Price Make It to $4000 This Month? - Coinpedia Fintech News - January 6th, 2025 [January 6th, 2025]
- Your Biggest Crypto Blunder in 2025 Will Be Overlooking This Solana (SOL) and Ethereum (ETH) Alternative, Heres Why - Coinspeaker - January 6th, 2025 [January 6th, 2025]
- Ethereum ETFs Surge in 2025, Potential to Overtake Bitcoin - The Currency Analytics - January 6th, 2025 [January 6th, 2025]
- Experts Say Dont Miss the Next Big Thing! This Exchange Token Looks Primed for 1,000% Gains While Ripple & Ethereum Face Challenges - TronWeekly - January 6th, 2025 [January 6th, 2025]
- Ethereum (ETH) to $9000 in 2025? This Alternative Coin at $0.175 Will Get to $20 Long Before That Happens. - Blockchain News - January 6th, 2025 [January 6th, 2025]
- Bitcoin and Ethereum News: Galaxy Research's 2025 Crypto Predictions - CryptoGlobe - January 6th, 2025 [January 6th, 2025]
- Ethereum Bullish Breakout: Is $4,000 Possible in Q1 2025? - The Crypto Basic - January 6th, 2025 [January 6th, 2025]
- Ethereum to Outperform Bitcoin in Face Melting Rally in Q1: Analysts - CryptoPotato - January 6th, 2025 [January 6th, 2025]
- Here are the Bitcoin, Solana, and Ethereum Price Targets for 2025, According to Presto Research - The Crypto Basic - January 6th, 2025 [January 6th, 2025]
- Bitcoin to $150K, Ethereum to $8K: Steno Research Bets on Best Crypto Year Ever - The Crypto Basic - January 6th, 2025 [January 6th, 2025]
- Ethereum Looks To Reclaim All-time High, Current Cycle To Outperform Past Cycles? | Bitcoinist.com - Bitcoinist - January 6th, 2025 [January 6th, 2025]
- Coinbase Explores Tokenized Shares for U.S. Users on Ethereum Layer-2 Network Base - Cryptonews - January 6th, 2025 [January 6th, 2025]
- Ethereum Price Forecast: ETH faces staking withdrawal headwind amid sustained ETF inflows - FXStreet - December 16th, 2024 [December 16th, 2024]
- Ethereum Price Surge: Banking Integration and Network Growth to Fuel ETH Rally to $8,800 - Crypto News Flash - December 16th, 2024 [December 16th, 2024]
- Is $4.5K the next stop for Ethereum? Why ETH price is up today - Cointelegraph - December 16th, 2024 [December 16th, 2024]
- Ethereum's Mixed Signals: Decoding ETHs Challenges and Opportunities - TheStreet - December 16th, 2024 [December 16th, 2024]
- Ethereum Price Surges After $17.5M Stake, Institutional Interest Builds - The Currency Analytics - December 16th, 2024 [December 16th, 2024]
- Ethereum returns to $4,000. Are ecological fundamentals driving the price? - PANews - December 16th, 2024 [December 16th, 2024]
- Bitcoin, Ethereum, Dogecoin Settle Down Amid Growing Talks Of A Strategic BTC Reserve: Top Analyst Sees Prospect Of Apex Crypto Hitting $110K This... - December 16th, 2024 [December 16th, 2024]
- USDC Treasury issued an additional 50 million USDC on the Ethereum chain early in the morning - ChainCatcher - December 16th, 2024 [December 16th, 2024]
- Microsoft may be open to Ethereum ETFs despite voting against Bitcoin reserves - CryptoSlate - December 16th, 2024 [December 16th, 2024]
- Justin Sun Dumping Ethereum: Will ETH Price Action Slow Dow? - The Coin Republic - December 16th, 2024 [December 16th, 2024]
- Microsoft 'Open' To Ethereum ETF If This Happens: VanEck Exec - Bitcoinist - December 16th, 2024 [December 16th, 2024]
- Bitcoin Hits New All-Time High Above $107,000, Ethereum, XRP, Dogecoin Make Gains As Traders Target $115,000 And More - Benzinga - December 16th, 2024 [December 16th, 2024]
- Ethereum Price Soars Past $4,000: What Is Going On With ETH? - Benzinga - December 16th, 2024 [December 16th, 2024]
- Indias Digital Rupee Push Ignites Blockchain Hype as XRP, Ethereum, and Rollblock Move to Capitalize | - Bitcoinist - December 16th, 2024 [December 16th, 2024]
- Market Alert: Ethereum Hits $4000 as Altcoin Whales Offload Holdings - Blockchain.News - December 16th, 2024 [December 16th, 2024]
- Ethereum Price Forecast: ETH eyes new yearly high as whale and institutional holdings increase - FXStreet - December 16th, 2024 [December 16th, 2024]
- Could JetBolt Outpace Kaspa, Ethereum, and Solana After Major Market Shake-Up - Techpoint Africa - December 16th, 2024 [December 16th, 2024]
- An AI was asked if Ripple can surpass Ethereum this cycle, and the answer was surprising - crypto.news - December 16th, 2024 [December 16th, 2024]
- Ethereum Price Prediction: Where Investors Can Expect ETH on New Year's, Mid-2025 and December 2025 | - Bitcoinist - December 16th, 2024 [December 16th, 2024]
- 1Fuel Presale Outpaces Ethereum (ETH) and Bitcoin (BTC) in Investor Interest - The Cryptonomist - December 16th, 2024 [December 16th, 2024]
- Increased gas limits on Ethereum L1 come with risks but big rewards - MSN - December 16th, 2024 [December 16th, 2024]
- 4 Altcoins Crypto Whales Are Bullish On: Toncoin, Ethereum, Solana, and JetBolt - Crypto News Flash - December 16th, 2024 [December 16th, 2024]
- Heres What Needs to Happen for ETH to Break its All-Time High Soon: Ethereum Price Analysis - CryptoPotato - December 16th, 2024 [December 16th, 2024]
- Ethereum Faces a Challenge From XRP, but ChatGPTs Bold Prediction Says This Sleeper Coin XYZ Will Outshine Both - The Cryptonomist - December 16th, 2024 [December 16th, 2024]
- Tron News: Justin Sun Plans $209M Ethereum BuyCould This Boost ETHs Price? - Crypto News Flash - December 16th, 2024 [December 16th, 2024]
- Ethereum Set To Reach New All-Time High in Q1 2025, Analysts Predict - CoinMarketCap - December 16th, 2024 [December 16th, 2024]
- Ethereum boosted by improving risk appetite - Economies.com - December 16th, 2024 [December 16th, 2024]
- Ethereum Bulls Aim For $4,100 As Key Resistance Comes Into Focus - TradingView - December 16th, 2024 [December 16th, 2024]
- Demand for Bitcoin and Ethereum ETFs Seeing Just Tip of the Iceberg, Says BlackRock Executive: Report - The Daily Hodl - December 16th, 2024 [December 16th, 2024]
- Ethereum (ETH) Meets Its Match as Lightchain AI Redefines Smart Contracts - Crypto News Flash - December 16th, 2024 [December 16th, 2024]
- Ethereum News: ETH & ERC-20 Coins are Positioned to Outshine BTC Price in 2025 with Massive Growth Forecast - Techpoint Africa - November 30th, 2024 [November 30th, 2024]
- Ethereum (ETH) or Solana (SOL)? Find Out Which One Leads Todays Market - NewsWatch - November 30th, 2024 [November 30th, 2024]
- Ethereum Price Rally Builds Momentum as Experts Eye $6K and $10K Milestones - The Coin Republic - November 30th, 2024 [November 30th, 2024]
- Ethereum vs. Solana: Where Are the Biggest Returns Hiding? Or Is a New Crypto the Real Deal? - Crypto News Flash - November 30th, 2024 [November 30th, 2024]
- Why is Ethereum (ETH) price up today? - TradingView - November 30th, 2024 [November 30th, 2024]
- Ethereum Foundation researcher: The golden age of Solana has ended, and its two major advantages will be surpassed by ETH L2 - ChainCatcher - November 30th, 2024 [November 30th, 2024]
- Bitcoin, Ethereum, Dogecoin Climb, But Ripple Rockets: Analyst Calls It 'An Insane Period' - Benzinga - November 30th, 2024 [November 30th, 2024]
- Lightchain Protocol AI Attracts Ethereum (ETH) Whales Why LCAI Could Be the Months Top Performer December 2024 - TCU - November 30th, 2024 [November 30th, 2024]
- As Ethereum Block Centralization Sparks Debate, FXGuys Emerges as a Reliable Alternative - TCU - November 30th, 2024 [November 30th, 2024]
- Binance Coin (BNB) and Tron (TRX) Soar, But There's an Ethereum Token Predicted to Dominate December - Crypto News Flash - November 30th, 2024 [November 30th, 2024]
- Ethereum (ETH) Futures Open Interest Soars to Record $23 Billion as Analyst Predicts Heavy Fireworks - CryptoGlobe - November 30th, 2024 [November 30th, 2024]
- Ripple XRPs Rally Sparks FOMO as Ethereum-Based Token Gains 350% Traction - Crypto News Flash - November 30th, 2024 [November 30th, 2024]
- Ethereum Outperformed Bitcoin This Week As Key Indicators Shift: Report - Benzinga - November 30th, 2024 [November 30th, 2024]
- If You Invested $1,000 In Ethereum When CryptoPunks Were Released, Here's How Much You'd Have Now - Benzinga - November 30th, 2024 [November 30th, 2024]
- If Ethereum breaks through 3800 USD, the cumulative short liquidation intensity on mainstream CEX will reach 769 million - ChainCatcher - November 30th, 2024 [November 30th, 2024]
- Spot Ethereum ETF Flips Bitcoin ETFs in Daily Inflows, $5000 Target In Sight? - CoinGape - November 30th, 2024 [November 30th, 2024]
- Ethereum Rally Gets Overshadowed By Searing Gains In Cheaper Plays: Why Are ENS And ETC Soaring Today? - Benzinga - November 30th, 2024 [November 30th, 2024]
- Only In Crypto: User Outsmarts AI For $50,000 In Ethereum - Bitcoinist - November 30th, 2024 [November 30th, 2024]
- Top 3 Cryptocurrencies to Buy in 2024: Stellar, Monsta Mash ($MASH), Ethereum Key Picks for the Bull Run - Brave New Coin Insights - November 30th, 2024 [November 30th, 2024]
- Ethereum SuperTrend Signal That Led To 120% Price Surge In 2023 Has Returned, Why ETH Could Reach $7,500 | - Bitcoinist - November 30th, 2024 [November 30th, 2024]