Unipcs, a renowned crypto trader, argued that the reversal ofEthereum (CRYPTO: SOL) par Solana (CRYPTO:ETH) during this cycle is a real possibility, citing metrics and momentum as reasons for its thesis.
What happened? Unipcs argues that Solana has surpassed Ethereum in transaction volume and on-chain activity, positioning itself as a leader in blockchain adoption.
It is quickly becoming a meme coin launch hub, with daily revenue and market activity beginning to surpass that of Ethereum.
As the largest US-originated blockchain, Solana is well-positioned to benefit from the pro-crypto regulations expected under the new administration.
Unipcs estimates that the risk of Solana overtaking Ethereum during this cycle is 50%, especially as retail activity and institutional interest increases.
With the bull market yet to peak and retail inflow expected to amplify Solana's metrics, a significant SOL rally could rival XRP's recent impressive run.
Also Read: Solana Is a Better Investment Than Bitcoin, Ethereum, Says Crypto Asset Management Firm
Why it matters: Unipcs explained in a post on Friday on X that the best way to capitalize on Solana's growth is through Bonk (CRYPTO: BONK), its main and recognized meme piece.
-Bonk, already listed on major platforms such as Coinbase, Binance and Robinhood, is gaining ground thanks to its ecosystem products, storage incentives and burn tokens.
Compared to leading Ethereum meme coins like Shiba Inu (CRYPTO: SHIB) and Pepe (CRYPTO: PEPE), Bonk is significantly undervalued, according to Unipcs.
SHIB with $14.3 billion market cap is 6x larger, PEPE with $8.4 billion market cap is 3.5x larger.
Given Solana's dominance during this cycle, BONK is positioned as the best high beta meme coin play, the trader added.
Also read:
Image: Shutterstock
Related News :