Bitcoin vs Solana: Which Coin Should You Invest $5000 in 2023?

Solana and Dogecoin could still be on the same page. But Bitcoin? Well, comparing the progress trend, experts say that both Solana and the other meme coins

Both Solana and Dogecoin are still in the race. But what about Bitcoin? Comparing the trends, experts say that both Solana and meme coins are worth buying in 2025.

You don’t need a fresh introduction to Bitcoin at this point. But there’s more to Bitcoin than just the hype around its popularity and stability. Bitcoin's stability is also quite evident.

On the other hand, Solana is still being worked on by its team. Its biggest advantage is that the chain can be flexible. At the same time, it can adapt to the emerging demand areas.

The third equation is that of Dogecoin. It is the king of the meme coins quadrant.

How much do you want to invest?

We are looking out for beginners who can invest a moderate lump sum of $5000. Coinfomania’s take- it should be either Solana or Bitcoin.

Why not Dogecoin? Its utility side is bearish. If you want to know more, you may check out articles on the website.

Bitcoin is a conservative option.

Most experts suggest investing $5000 in which coin if they are patient investors. If you are ready to keep your money on hold for many years, Bitcoin is your go-to option. For those who are not versed in the trade, Bitcoin is not any fiat currency. That’s also the reason why there cannot be more than 21 million tokens now.

But the stability quotient of Bitcoin is something else. A lot of institutional traders and retailers accept Bitcoin for payment. It adds to the stability of the token. The same also gives Bitcoin the purchasing power against other currencies that are going through inflation.

What would have happened to the $5000 invested 5 years ago?

If Bitcoin worth $5000 were purchased 5 years ago, today it would be valued at $53000. What Bitcoin did is that it has maintained a statutory rate of supply growth. Their food the significant gain in the demand level has been possible.

Solana’s upside potential makes it worth trying.

The bottom line for trading in Bitcoin is careful and consistent investing for a long-term period. But Solana is different. It is most suitable for a medium-term investment. At the same time, it is a riskier investment compared to Bitcoin. The current market cap of the trip token is around $105 billion, which is nothing compared with Bitcoin.

What makes Solana investment worthy, is the presidential meme coin which also runs on the chain. A potential approval of all ETFs holding Solana and a quintessential core technology upgrade makes investors optimistic about the token.

Till Trump is there in the White House, Solana’s price could double or even triple.

On that note, Solana might have more upside potential compared to Bitcoin, but in the near term.

Where may Solana trail?

The main difference between the two is that investors would want a safer option when a dynamic market event occurs. At the same time, you must not forget that Solana is in the stage of active development. The ecosystem of tokens and projects is still evolving.

Advice for traders

Investors may go with Solana now. But do that if you are willing to deal with your holdings actively and trade for a 3 to 5-year span. Surely go with Bitcoin if you are willing to invest for 10 years at a stretch.

There are no dynamic problems on the horizon of the cryptocurrency investment market of the US today. But remember that Solana is not static. So, invest wisely!