Wednesday, October 28, 2026 News updated 18+ Gamble responsibly. Get help Write Sign in
Stake NewsToday

An independent desk covering Stake, the US casino market and crypto.

Crypto Today

Solana Outran Ethereum Over Six Months. Why Is ETH Still the Safer Floor?

Solana Outran Ethereum Over Six Months. Why Is ETH Still the Safer Floor?

Photo: Crypto Daily

A prominent Solana backer says SOL will overtake ETH in market value this cycle, but the network data tells a more mixed story. Both coins have slipped under their 50-day averages while clinging to their long-term trend lines, with sellers still in charge. Solana's key floor sits just under its 200-day average, and a break there opens a much deeper drop than Ether faces. Multicoin Capital co-founder Kyle Samani is betting that Solana will pass Ethereum in market cap before this cycle ends. He argues Ethereum stays on top mostly because of its stablecoin hoard.

Source: Crypto Daily

Latest in Crypto Today

All Crypto Today stories