Solana has made significant strides in the cryptocurrency market by surpassing Ethereum in terms of weekly and daily decentralized exchange (DEX) volume. This notable development bolsters the view that Solana (SOL) could potentially challenge or even overtake Ethereum's position in the current market cycle.
A prominent crypto analyst known as Titan of Crypto has made a bold prediction that the price of Solana could climb to as much as $1,400 during this bullish phase. This forecast underscores the optimism that surrounds Solana's growing capabilities and market participation.
The underlying dynamics and increasing adoption of Solana suggest that it might continue to pose competition to Ethereum, making it one of the most closely watched cryptocurrencies in the market right now.