Crypto Whales Are Selling Ethereum for This Explosive Cryptocurrecy

Quick Summary:

The SOL/ETH ratio recently hit a record high above 0.066 as excitement builds around Solana’s potential to rival Ethereum.This 3.

Solana’s total value locked (TVL) also climbed to $6.4 billion, marking its highest level since early 2022, while Ethereum’s TVL remains flat at around $48 billion.

The upcoming Firedancer upgrade in 2025, which could allow Solana to handle up to 1 million transactions per second, may also boost its appeal to institutional investors.

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets: United States

Topics: Ethereum News Price Analysis Altcoins

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-25 @ 09:58:07 (5 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 473 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23238411

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