There a billion cryptos in the crypto market. Could Solana pass Bitcoin and Eth? If so, why?

  • jnmxcvi@alien.topB
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    10 months ago

    Solana is not passing Bitcoin in market cap within the next 7-10 years. Reason being is that Bitcoin is the only token that is looked at with legitimacy. It’s the gold of the digital world. It’s going to be seen as an asset to hedge against inflation. Solana and Bitcoin have very different goals.

    I think Solana could surpass Ethereum. Not in this bull run but in the next one. Why? User experience. Solana has a much better user experience already than Eth. I haven’t heard anyone use Solana (more than just buying it) and walked away from it. It will take time, but the fees on Ethereum are ridiculous and relying on L2’s is not the solution. It never will be. They’re already discussing L3’s and they can’t even get L2’s to be decentralized enough for it to be safe.

    I think this bull run is going to show people crypto is here to stay. Is Solana the best crypto? For right now yes. It does not have the best decentralized ecosystem but it does have the best speed/tps and scalability of any blockchain in the top 20 tokens but far. The decentralizing portion will grow with time and it’s not as big of an issue as Ethereum maxis make it out to be. So in my opinion, yes Solana is currently the best because of these factors.