VanEck: Solara's target price is $330

According to VanEck's report on September 25th, Solana (SOL) is expected to reach $330 and may grow to 50% of the current market value of Ethereum (ETH), mainly driven by Solana's advantages in speed and transaction processing.

The report cites throughput data from Solana, whose network can process thousands of transactions per second (TPS), which is 3000% higher than Ethereum's TPS. In addition, Solana has 1300% more daily active users than Ethereum, and its transaction fees on the Solana network are nearly 5 million times cheaper than Ethereum.

The author of the report points out that Solana's significant advantages in speed and cost-effectiveness make it more advantageous than Ethereum in the fields of payments and remittances. Especially stablecoins are considered one of the main drivers of decentralized financial activities, which can leverage Solana's excellent processing capabilities to transfer cost savings to users.

The report mentions that retail investors are "gradually realizing" Solana's potential as a smart contract platform to challenge Ethereum, while they are skeptical that institutional investors have not yet noticed Solana's advantages. The report speculates that the slow adoption of Solana by institutional investors may be due to their hesitation in abandoning "blue chip assets" like ETH and embracing relatively new Solana instead.

Why Ethereum is not performing well

In early September 2024, VanEck released a report analyzing the reasons for suppressing Ethereum prices. According to VanEck's analysis, Ethereum's poor price performance is mainly due to the value of its Layer 2 network being extracted.

The Layer 2 scaling solution for Ethereum has grown rapidly due to the Dencun upgrade in March 2024, which significantly reduced transaction fees for the Ethereum Layer 2 network.

Due to the rapid growth of these Layer 2 projects and the significant reduction in transaction costs, the revenue of Ethereum Layer 1 has dropped significantly by 99% since March 2024. However, in late September 2024, transaction fees on the Ethereum network began to recover.

VanEck also specifically pointed out that some users have turned to faster Layer 1 networks such as Solana and Sui (SUI), which is another important factor suppressing Ethereum prices and transaction revenue. The report suggests that although Ethereum still has a first mover advantage, this advantage is rapidly shrinking.

(责任编辑：私募资讯)

• ·火币提现银行
• ·10月31日诺德天富灵活配置混合净值增长1.83%，今年来累计上涨20.51%
• ·火币比特币中国
• ·10月31日融通稳信增益6个月持有期混合C净值增长0.13%，今年来累计上涨0.92%
• ·汇市导航05.21：欧美短期动能受到此支撑支持，澳美或将出现深度回调？
• ·10月31日中欧瑾和灵活配置混合E净值增长3.41%，近6个月累计上涨33.63%
• ·Virtuals Genesis 数据分析：打新平均收益 32 倍，超募程度与收益强相关
• ·深度分析：为何MakerDAO的MKR有望持续跑赢多数加密资产？
• ·BTC 减半驱动的四年周期，失效了吗？
• ·10月31日中金先进制造混合A净值增长1.04%，近3个月累计上涨13.99%
• ·捷信分期付款买手机有发票吗？在捷信分期了一部手机想要发票。
• ·gemsex交易所
• ·职工福利费支出税收金额怎么计算
• ·SEC考虑允许企业用区块链技术发行和交易证券
• ·什么树叶对应什么天气-天气什么树叶什么什么
• ·10月31日宏利首选企业股票C净值下跌0.67%，近1个月累计下跌6.74%