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Ethereum Attracts 2X Solana’s Market Cap: Why Is ETH Struggling?

Bitcoinist LogoBitcoinist3 mo ago

Ethereum Attracts 2X Solana’s Market Cap: Why Is ETH Struggling? - Bitcoinist

Quick Summary:

According to one crypto user on X, Ethereum is a different class from Solana, with the pioneer smart contract platform drawing much more capital from the community than the fourth-generation blockchain despite ETH price action being muted in the last month of trading.

What’s clear is that SOL has outperformed not only ETH and Bitcoin (BTC) but most coins in the top 10, including XRP and Cardano (ADA).

Meanwhile, the daily chart shows that the coin is falling from the $2,000 level, failing to breach July 2023 highs of $2,100.


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Article Details

Author / Journalist: Dalmas Ngetich

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-11-17 @ 03:00:24 (3 months ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 417 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 17648869

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 6 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 16 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

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The story "Ethereum Attracts 2X Solana’s Market Cap: Why Is ETH Struggling?" was covered 3 months ago by Bitcoinist, a news publisher based in Hungary.

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The outlet is headquartered in Hungary and publishes an average of 6 news stories per day.

It's most recent story was published 16 hours ago.

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  • URL: https://beamstart.com/news/ethereum-attracts-2x-solanas-market-17001911525854

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