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Can Solana Flip Ethereum?

Solana's developer and user activity nearly matches Ethereum's, so why is its cryptocurrency worth so much less?

By Travis Hoium – Oct 26, 2022 at 1:59PM EST

Ethereum (ETH +2.70%) has been the biggest name in NFTs and smart contract cryptocurrency for years, but Solana (SOL +1.93%) is hot on its tail. The question now is whether or not Solana can keep up that momentum and surpass Ethereum's valuation over time. Travis Hoium digs into this question in the video below. 

*Stock prices used were end-of-day prices of Oct. 20, 2022. The video was published on Oct. 26, 2022.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has positions in Ethereum and Solana. The Motley Fool has positions in and recommends Ethereum and Solana. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

Stocks Mentioned

Ethereum Stock Quote
Ethereum
CRYPTO: ETH
$2,247.38
(+2.70%)+$59.17
Solana Stock Quote
Solana
CRYPTO: SOL
$84.79
(+1.93%)+$1.61

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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