Bitcoin and Solana Outperform Ethereum, Crypto Experts Reveal Why!

Jakarta, Pintu News—The cryptocurrency market is witnessing increasingly fierce competition, with Bitcoin BTC->Current BTC PriceRp 0Market CapRp 0Trading VolumeRp 0Circulating SupplyRp 0 and Solana SOL->Current SOL PriceRp 0Market CapRp 0Trading VolumeRp 0Circulating SupplyRp 0 seemingly threatening Ethereum’s ETH->Current ETH PriceRp 0Market CapRp 0Trading VolumeRp 0Circulating SupplyRp 0 dominant position.

With advantages in speed and reputation, both cryptocurrencies show potential that could shake Ethereum’s place in the market.

Check out the full analysis from the experts here!

Expert Views on This Competition

Casey Rodarmor, founder of Ordinals, recently stated via X (formerly Twitter) that Bitcoin and Solana could potentially hurt Ethereum. Rodarmor argued that Bitcoin has the advantage of being a pioneer and is often considered a more stable currency than Ethereum.

On the other hand, Solana, known for its speed, has further strengthened its image as an Ethereum competitor. Rodarmor highlights that Ethereum is sandwiched between these two major forces.

Anatoly Yakovenko, co-founder of Solana, refuted claims that Solana’s speed and scalability are attributed to “centralization.” Yakovenko rejected the claim and criticized Rodarmor on the issue of centralization. Meanwhile, Bitcoin continues to gain momentum with various developments in its favor, including its adoption as a strategic reserve.

Read also: Pi Network (PI) price faces hurdles at $2, can it be broken?

Ethereum’s Performance Raises Investor Concerns

On-chain data from Ethereum shows a less than encouraging trend. After the price dropped below $2,000, analysts predicted that Ethereum could drop to $1,000.

Currently, Ethereum is trading at $2,045, which makes investors hesitant to invest. However, whales continue accumulating Ethereum at lower prices, and interest from institutions is slowly increasing.

Andre Cronje, founder of Sonic Labs, attributes Ethereum’s poor performance to the sale of assets by many Layer 2 projects. According to Cronje, a suboptimal user experience and competition from new blockchains contributed to the decline in interest in Ethereum.

Cronje also dismissed speculation about an Ethereum buyout, stating that the vague roadmap and lack of effective representation were the main deterrents.

Read also: Regulatory Support and Crypto Market Growth in Singapore: BTC Futures in Demand!

Future Prospects for Bitcoin and Solana

With various positive developments, Bitcoin continues to show its strength, including a possible ETF approval that will further boost adoption and recognition. On the other hand, Solana is also gearing up for a potential ETF approval that will strengthen its position in the market.

These two digital currencies show that they are not only competitors, but also potential leaders in the future of cryptocurrency. With its ever-growing speed and innovation, Solana in particular shows that it can be a top choice for investors and developers.

Meanwhile, Bitcoin, with its status as the first digital currency, continues to maintain its trust among investors and institutions.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Expert Reveals Why Bitcoin and Solana Have an Edge Over Ethereum. Accessed on March 11, 2025
• Featured Image: Blockzeit