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Solana (SOL) Could Outperform Ethereum, Says Peter Brandt
Veteran trader and market analyst Peter Brandt has made a bold prediction about the cryptocurrency market, stating that Solana (SOL) could outperform Ethereum (ETH). In a recent tweet, Brandt argued that Ethereum is “invalid” and will continue to weaken in value, while Solana grows stronger.
Brandt’s statement comes as a surprise to many traders, who have traditionally viewed Ethereum as the leading smart contract platform. However, it seems that SOL has been gaining significant traction lately, with ARK Invest making their first direct investment in the project on Monday, April 21st.
According to Brandt, his assertion is based on technical analysis of market data. He believes that the fundamentals supporting Solana’s growth are becoming increasingly clear, and he predicts a strong upward trajectory for SOL. On the other hand, he warns that Ethereum will continue to struggle, citing weaknesses in its underlying technology.
It’s worth noting that Brandt has a reputation for being an accurate predictor of market trends. His predictions have been widely followed by traders and investors around the world. As such, his statement about Solana potentially outperforming Ethereum should not be taken lightly.
In related news, Shiba Inu (SHIB) team has announced that they have reached a new milestone, with over 1.5 million holders now supporting the project.
Source: https://u.today/solana-sol-could-outperform-ethereum-says-peter-brandt
