Here Are the Major Tailwinds for Ethereum Rival Solana, According to Crypto Analyst

dailyhodlPublished on 2023-10-17Last updated on 2023-10-17

Abstract

A widely followed crypto analyst is naming a number of potential bullish catalysts for Ethereum...

A widely followed crypto analyst is naming a number of potential bullish catalysts for Ethereum (ETH) competitor Solana (SOL).
In a new video, the anonymous host of InvestAnswers tells his 447,000 YouTube subscribers that Solana is receiving more mainstream attention amid key program developments.

“I see a number of different tailwinds for Solana. It is still riskier than ETH. ETH is the 800-pound gorilla. Nearly everything runs on Ethereum. And it’s very hard to knock that rider off the horse. But let me talk to you about some of the tailwinds…
The world is waking up to it now, all the narratives, [the] mainstream media. You got Fidelity talking about ETH and SOL alongside each other. You have that other report coming out from Standard Chartered Bank. They said ETH is going to $8,000 and they also referenced Solana in their research paper that Solana could eat a lot of ETH market share, especially around things like tokenization, which was huge.”
The analyst lists a number of tailwinds for Solana, including Solana Pay, which recently integrated with Shopify, and the project’s crypto-friendly smartphone Saga.
“But the tailwinds are Solana Pay, Saga phone, the decentralized app store. They’ve got EVMs (Ethereum virtual machine) and SVMs (Solana virtual machine) built on Solana so now SOL-to-ETH bridging is very capable.
Firedancer and one million transactions per second, that’s coming. They hope to come out of beta at the end of this year and launch sometime in 2024. But that will bring resilience, efficiency, decentralization and security. This whole thing is built on C++, whereas Ethereum is built on Rust… And if they have both up and running, there is no risk of ever any downtime again.
Also, cost-efficiency and scalability, the Visa partnership, great tokenomics, gaming, tokenization of the world.”
Solana is trading for $24.18 at time of writing, up 9.27% in the last 24 hours.

Related Reads

Breaking the RWA Value Monopoly: Zoomex Launches SpaceX Token Airdrop Carnival, Sharing a $300,000 Reward Pool

Leading digital asset trading platform Zoomex has launched the SpaceX Token, a real-world asset (RWA) token offering exposure to the high-value private company SpaceX. Valued at $1.25 trillion, SpaceX represents a landmark in private asset tokenization and pre-IPO liquidity. To celebrate, Zoomex is hosting an airdrop carnival with a $300,000 reward pool. The event features two tracks: a $60,000 pool for retail users completing simple tasks like deposits or trading, and a $240,000 pool for VIP users with tiered rewards. Zoomex emphasizes fairness, security, and compliance, using anti-abuse systems and operating within licensed frameworks. The initiative aims to democratize access to elite tech investments and simplify trading for users worldwide.

TheNewsCrypto1h ago

Breaking the RWA Value Monopoly: Zoomex Launches SpaceX Token Airdrop Carnival, Sharing a $300,000 Reward Pool

TheNewsCrypto1h ago

Bitcoin Trading Strategy Breakdown: Celebrity Predictions and Classic Models All Fail, Only These Four Indicators Remain

Analysis of Bitcoin Trading Strategies: Why Celebrity Forecasts and Classic Models Fail, Leaving Only These Four Reliable Indicators This analysis examines the failure of common Bitcoin prediction methods and identifies four reliable indicators for constructing a trading strategy. The author reviewed all major BTC prediction approaches from 2017-2025, categorizing them into three groups: celebrity price targets (consistently over-optimistic), analytical models like Stock-to-Flow (broken post-2022), and on-chain signals. The key finding is that more data often creates confusion, not clarity. The strategy discards unreliable elements: celebrity predictions (incentivized to be extreme), pure models (invalidated by post-ETF market changes), and the Fear & Greed Index used alone (too many false signals). Four reliable indicators were selected: 1. **MVRV Z-Score:** Accurately identifies cycle bottoms when entering its green zone (e.g., 2018, 2020, 2022). Note: Its ability to call tops is now ineffective post-2024. 2. **SOPR (28-day MA):** Consistently signals bottoms when below 1.0, indicating holders are selling at a loss. 3. **ETF Net Flow:** A crucial post-2024 metric showing institutional momentum (e.g., sustained inflows = buying). 4. **Macro Liquidity (Fed policy & M2):** Sets the overall directional bias (e.g., bullish during easing cycles). The core strategy involves waiting for a multi-signal共振 (resonance). For example, a bottom signal requires MVRV in the green zone + SOPR < 1.0. A top signal requires overheated on-chain data + sustained ETF outflows. Macro policy sets the overall direction. The Fear & Greed Index is only used as a weighted confirmatory signal, never alone. Action is only taken when three or more indicators align. The author automated this into a monitoring system that sends Telegram alerts only when signals trigger. As of the article's date (April 15, 2026), the system showed a strong bottom signal: extreme fear (F&G=12), MVRV in the buy zone, and SOPR < 1.0. The only contrary signal was weak ETF flows. Historically, such triple on-chain共振 has preceded 100%+ returns. The conclusion emphasizes building a personal framework over relying on external predictions, allowing for iterative improvement and customization based on individual risk tolerance.

marsbit1h ago

Bitcoin Trading Strategy Breakdown: Celebrity Predictions and Classic Models All Fail, Only These Four Indicators Remain

marsbit1h ago

Netflix Founder Goes to His Most Feared Place

Netflix co-founder and chairman Reed Hastings is stepping down from the board after nearly 30 years with the company, despite Netflix posting its strongest-ever quarterly results with revenue up 16% and net profit surging 83% year-over-year. The move comes as Hastings deepens his involvement in AI governance, having joined the board of Anthropic last year through its Long-Term Benefit Trust, an independent body focused on aligning AI development with humanity’s long-term interests. Hastings, who studied AI in the 1980s, has shifted from optimism to caution regarding AI’s impact. He recently identified AI as the biggest threat to Netflix, fearing that AI-generated content could eventually make free platforms like YouTube so compelling that paid subscriptions become less attractive. His concerns are grounded in Netflix’s own history of disrupting traditional media through technology. While Netflix is actively integrating AI into production—including a recent $600 million acquisition of an AI-assisted filmmaking tools company—Hastings appears to be hedging against a future where AI fundamentally alters content creation and consumption. His departure marks a symbolic moment, reflecting both his personal pivot toward AI ethics and the broader existential questions facing the entertainment industry.

marsbit2h ago

Netflix Founder Goes to His Most Feared Place

marsbit2h ago

Cloudflare Unleashes a Barrage of Updates: Unified Inference Layer Integrates 70+ Models, Email Service Enables AI Agents to Send and Receive Emails

Cloudflare launched "Agents Week 2026," introducing over a dozen product updates aimed at positioning itself as a core infrastructure provider for the AI agent era. Key announcements include the unification of its AI Gateway and Workers AI into a single AI Platform, offering developers a unified API to access more than 70 models from over 12 providers—including OpenAI, Anthropic, Google, Alibaba Cloud, and ByteDance—with a single line of code for model switching, consolidated billing, and automatic failover. Additionally, Cloudflare Email Service entered public beta, enabling AI agents to natively send and receive emails, facilitating asynchronous task handling and communication. Other releases include an updated Agents SDK with persistent state support, general availability of Sandboxes, Git-compatible storage (Artifacts), AI Search primitives, and an experimental voice pipeline. Together, these updates provide a comprehensive stack for agent development, covering compute, inference, storage, communication, and security.

marsbit2h ago

Cloudflare Unleashes a Barrage of Updates: Unified Inference Layer Integrates 70+ Models, Email Service Enables AI Agents to Send and Receive Emails

marsbit2h ago

Little Pepe ($LILPEPE) vs Ethereum-Based Meme Coins: A Smart Investment Choice?

The meme coin market in 2025 is shifting from hype-driven assets to those offering utility. While established Ethereum-based coins like SHIB, PEPE, and FLOKI remain popular, they face limitations like high fees and scalability issues. Little Pepe ($LILPEPE) differentiates itself as a Layer 2 EVM-compatible chain built for speed, security, and cost-efficiency. It offers zero-tax trading, staking, and NFT integration. Its presale has already raised over $28M, with early investors seeing 120%+ gains. Additional incentives include a $777K giveaway and a 15+ ETH mega giveaway to boost engagement. With plans for major exchange listings and a target $1B market cap, Little Pepe aims to combine meme culture with real utility, positioning itself as a strong contender in the evolving meme coin landscape.

TheNewsCrypto2h ago

Little Pepe ($LILPEPE) vs Ethereum-Based Meme Coins: A Smart Investment Choice?

TheNewsCrypto2h ago

Trading

Spot
Futures

Hot Articles

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of SOL (SOL) are presented below.

活动图片

Top Questions