Ethereum VS. Solana: SOL or ETH in 2024?! Which One Is The Best?
Published: 2024-01-11
Status:
Available
|
Analyzed
Published: 2024-01-11
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Ethereum's market cap could reach over $1.2 trillion, leading to an ETH price exceeding $10,000 (a 5-7x increase) if it follows Bitcoin's market cycle one cycle behind.
"if this is indeed the case then eth's market cap could reach over $1.2 trillion and this would translate to an eth price of well over $10,000 5 to 7x"
Pending
Solana's market cap could reach over $500 billion, leading to a SOL price exceeding $11,000 (a 10x increase) if it follows Ethereum's market cycle one cycle behind.
"if this is indeed the case then Soul's market cap could reach over $500 billion this would translate to a so price of over $11,000 a 10x gain"
Pending
Solana is theoretically capable of processing up to 65,000 transactions per second.
"salana can theoretically process up to 65 ,000 transactions per second"
Pending
Ethereum currently processes about 30 transactions per second with a 13-minute finality time, but is working towards 12-second single block finality.
"ethereum can currently process around 30 transactions per second but has a transaction finality time of around 13 minutes I'll quickly note that ethereum is currently working towards single block finality 12 seconds"
Pending
Over half of Ethereum validators use four clients, and nearly half of nodes use centralized clouds for transaction history storage, indicating potential centralization risks.
"most of ethereum's validators are using four clients to run their software with over 53% using gu according to Ether no.org The Ether nodes website also notes that almost half of ethereum's 6700 nodes are using centralized clouds to store ethereum's full transaction history"
Pending
The top 21 validators on Solana hold enough stake to potentially disrupt the blockchain if they collude, a risk linked to the possibility of delegation.
"the top 21 validators hold enough stake to theoretically cause issues on the blockchain if they collude this is probably a consequence of the fact that delegation is possible"
Pending
All of Solana's transaction history is stored on Google Bigtable, a centralized server.
"all of Solana's transaction history is stored on Google bigtable a centralized server"
Pending
Ethereum's 'move fast and break things' development philosophy may need to change to attract institutional adoption.
"ethereum's develop philosophy is often summarized as move fast and break things this will likely need to change if etherium wants to see more institutional adoption"
Pending
Solana faces competition from projects like Aptos and Sui, with Sui reportedly surpassing Solana in speed and finality.
"Sana's third challenge is also competition specifically from so-called salana Killers like Aptos sui and SE Anatoli himself has admitted in interviews that Aptos makes him nervous due to how easy it is to build on its blockchain meanwhile say has seemingly surpassed salana in terms of speed and finality"
Pending
Solana has greater growth potential than Ethereum at this current time.
"salana has more potential to grow than ethereum at this point in time"
Pending
Solana's impressive adoption, with similar monthly active users to Ethereum despite its smaller size, suggests it could become the most active blockchain.
"salana appears to have the same number of monthly active users as ethereum despite being a fraction of its size by every measurement this is impressive and it foreshadows salana becoming the most active blockchain of all"
Pending
The question is raised whether Ethereum would be adopted if launched today, given that other chains offer better experiences at lower costs, depending on the user's prioritization of security and decentralization over scalability.
"would anyone use ethereum if it was released today given that you can get a better experience at a cheaper cost on other chains well naturally the answer depends on whether you value security and decentralization over scalability"
Pending
The SEC has argued that Solana (SOL) is a security in lawsuits against Binance, Coinbase, and Kraken, leading to its delisting from some US crypto exchanges.
"in case you missed the news the SEC argued that Soul was a security in its lawsuits against binance and coinbase and again in a more recent suit against Kraken Soul has since been delisted from multiple orbe it small crypto exchanges in the United States"
Pending
Solana is developing two additional clients, with one anticipated to launch soon.
"salana is working on two more clients with one of them expected to launch soon"
Pending
High Ethereum transaction fees are driving adoption to Layer 2 solutions, potentially reducing demand for ETH as Layer 2 users require significantly less ETH than Layer 1 users.
"the result is that most of ethereum's adoption and usage has migrated to its layer 2os which are growing exponentially as coinbase noted in a research report from 2022 this could create a scenario wherein the ethereum blockchain loses adoption and usage decreasing the overall demand for eth after all the average layer 2 user only needs a few dollars of eth the average layer one user needs to buy 100 hundreds of dollars"
Pending
Solana's inflation rate is projected to decrease to approximately 2% by the end of the current decade.
"this inflation rate will fall over time until it hits around 2% sometime towards the end of the decade"
Pending