Solana (SOL) Price Might See Major Downtrend In July, While Ethereum (ETH) Price Set To Soar

A widely-followed crypto analyst stirred controversy among their 694,700 Twitter followers after revising their outlook on the two leading smart contract blockchains: Ethereum (ETH) and Solana (SOL). Adding his views to the ongoing market debate, the pseudonymous ‘Pentoshi’ painted a bullish picture for Ethereum, stating that an increasing number of the tokens locked into staking smart contracts could potentially providethe perfect platform from which to make a price surge. Reasons cited include Ethereum’s deflation challenge, through which tokens are semi-regularly permanently removed from circulation, as well as the Bitcoin halving transition. Compared to Ethereum’s orange sunset, Solana saw a mixed prognosis from Satoshi which might involve a short-term inbound dip happening between July and September, although he was adamant that potential drawbacks, are dwarved by the potential the token still has. Overall, he concluded that Ethereum provided strong appreciation probabilities, whilst Solana showed considerable potential with a context of brevity and possible backwards steps.

Robert Wilson author
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