Solana - The New Ethereum

The cryptocurrency Solana has risen dramatically in the recent period to break into the top 6 positions in Coinmarketcap, which impressed everyone, not only that, but the Sol price rose to approach $200 after its price increased this week by about 25%.

In the past 24 hours, Sol's share of the daily rise was about 10%, to move XRP to the seventh place, while it is the only one in the sixth place.

In the title of the post, Sol may be the next Ethereum, not only in terms of smart contracts, projects and updates, but also in terms of price. I know that perhaps what I am talking about is a fantasy, but remember everything contained in the fast-volatile world of crypto as governments call it.

About a year ago, the price of Ethereum was less than $200 before the big ascending wave began that pushed it to $1,000, and then it broke the $3,000 barrier. Not only that, but it is expected that the price of Ethereum would reach $10,000 if the upward momentum continues.

Therefore, Sol, whose price is currently less than $200, may go through the same experience and rise to $1,000 if it continues in the same manner, especially since it is now enjoying great popularity and interest.

But

If the same principle applied by the traders that I had lost the opportunity and I wish I had bought when the price was $12 or I wish I had bought when it was $50 then I expect that the upward momentum will stop dramatically.

The other thing that may make this scenario difficult to repeat is if the Hodlers intend to benefit from this huge rise, especially those who bought at the beginning of this year, then benefiting from a rise of more than 1000% is very tempting for them, which may lead to a fall in the price.

Finally, I will ask you my repeated question in each article below.