In the last week, Solana has surged by 8%, indicating a possible upward trend influenced by Ethereum’s dynamics. Swissblock anticipates that this momentum can continue, supported by a shift towards altcoins as Bitcoin’s prominence wanes.
Despite a 44% lag in the SOL/ETH ratio, large investors remain bullish on SOL, recently acquiring $55 million in tokens. This suggests an ongoing interest in Solana, potentially leading to a significant price recovery in response to Ethereum’s influence.
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