- Cryptocurrency expert Pentoshi suggests holding both Solana (SOL) and Ethereum (ETH) for higher profits.
- ETH’s 24-hour trading volume decreased by over 19%, reaching $5,769,223,226.
- SOL’s price has risen approximately 29% in the previous week.
In a recent post, cryptocurrency expert and trader Pentoshi revealed that Solana
Indeed, Pentoshi underscored that the rivalry between SOL and ETH traders is unwarranted, given that in a bullish market, both tokens generally experience a surge in their prices, albeit with instances where one surpasses the other. The analyst posits that holding both altcoins could yield higher profits for traders.
The analyst suggests that either option will yield the same result. He further commented that the debate of choosing one over the other is primarily for individuals who are less concerned about profit and more interested in being correct.
Regarding the past 24-hour trading performance of the two tokens, ETH maintained a superior position. As per the data from CoinMarketCap at the time of reporting, the leading altcoin experienced a price increase of 2.82% since the previous day, pushing its trading value to $1,888.14. This implies that ETH was trading slightly under its 24-hour peak price of $1,895.03.
The 24-hour trading volume of ETH experienced a decrease of more than 19% in the previous day, resulting in a value of $5,769,223,226. Concurrently, the increase in the price of ETH led to a surge in its market capitalization, reaching $226,960,966,505.
Conversely, SOL saw a minor decrease of 0.36% in its value over the last 24 hours. This indicates that the so-called Ethereum-killer was being traded for $41.65 at the time of reporting. It’s important to highlight that SOL’s price has risen approximately 29% in the previous week.
Disclaimer: The insights, perspectives, and data presented in this price analysis are published in good faith. Readers must conduct their own research due diligence. Any decision made by the reader is solely their responsibility, and Crypto Outlooks shall not be held responsible for any consequential or incidental harm or loss.
