Insights from Glassnode Co-Founders Suggest Solana Could Surpass Ethereum by 5x: Exploring the Anticipated Timeline

According to Glassnode co-founders Jan Happel and Yann Allemann. Solana (SOL) has the potential to outperform Ethereum (ETH) by up to 5 times during the ongoing bull market. 

Analyzing the SOL/ETH chart, they anticipate a significant surge in the SOL/ETH ratio. Indicating that SOL might achieve a 4-5x performance compared to Ethereum. The co-founders point to the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators, both signaling strong momentum and a bullish outlook for SOL. 

As of now, SOL is valued at $100, while ETH is trading at $2,539. Happel and Allemann express a broader optimism for altcoins, stating that they are poised for acceleration after a consolidation period following the rounding bottom formation.

Clever Robot News Desk 19^th January 2024