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Cryptocurrency News Articles
Crypto Trader Unipcs Says Solana (SOL) Flipping Ethereum (ETH) This Cycle Is a Real Possibility
Jan 18, 2025 at 04:02 am
Prominent crypto trader Unipcs believes Solana (CRYPTO: SOL) flipping Ethereum (CRYPTO: ETH) this cycle is a possibility, citing key metrics, momentum and potential catalysts.
Here's what happened: Unipcs highlighted Solana's outperformance in transaction volume and on-chain activity, emerging as a leader in blockchain adoption.
Solana is also becoming a hub for meme coin launches, with daily revenue and market activity starting to outpace Ethereum.
Being the largest U.S.-originated blockchain, Solana is well-positioned to benefit from pro-crypto regulations expected under the new administration.
Unipcs sees a 50% chance of Solana flipping Ethereum during this cycle, especially as retail activity and institutional interest grow.
With the bull market yet to peak and retail influx expected to amplify Solana's metrics, a major rally for SOL could rival XRP’s recent impressive run.
See More: Best Crypto Scanners Available
According to Unipcs, the best way to capitalize on Solana's growth is through Bonk (CRYPTO: BONK), the leading and recognized meme coin on Solana.
Despite being listed on major platforms like Coinbase (NASDAQ:COIN), Binance and Robinhood, Bonk is rapidly gaining traction through various ecosystem products, staking incentives and regular token burns.
When compared to Ethereum's leading meme coins like Shiba Inu (CRYPTO: SHIB) and Pepe (CRYPTO: PEPE), Bonk is notably undervalued, the trader noted.
SHIB, with a market valuation of around $14.3 billion, is nearly 6x larger than Bonk, while PEPE, with a market capitalization of about $8.4 billion, is roughly 3.5x larger.
Considering Solana's outperformance and dominance this cycle, BONK is positioned as the best high beta meme coin play on Solana, as suggested by Unipcs.
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