Chris Burniske, a crypto investor and venture capitalist, believes that Solana (SOL) is about to start outperforming Ethereum (ETH). He shared a chart posted by on-chain analyst Will Clemente, which shows Solana versus Ethereum (SOL/ETH) forming a series of higher lows and higher highs, indicating a potential shift in long-term momentum. Burniske has been bullish on SOL for the “entire bottom range” of its price action over the past year or so. Burniske acknowledges that many developers prefer to stay within the Ethereum ecosystem since they are already comfortable with it. However, he believes that investors should take a different stance on SOL. He compares this to the time when Bitcoin (BTC) bulls believed the entire crypto ecosystem would operate on their preferred network, and suggests that Ethereum enthusiasts may be caught off guard when Solana takes a large portion of value capture. At the time of writing, Solana is trading for $24, up over 13% in the last 24 hours.

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Information	Details
Geography	Global
Countries
Sentiment	positive
Relevance Score	8
People	Cathie Wood, Will Clemente, Chris Burniske, Placeholder, Bitcoiners
Companies	ARK Invest, Bitcoin (BTC), Solana (SOL), Ethereum (ETH), Placeholder
Currencies	Ethereum, Bitcoin, Solana
Securities	None