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：经济数据)

• ·柚子币历年行情-柚子币历年走势
• ·中国比特币最新价格-中国比特币最新价格行情
• ·牛顿币未来行情
• ·霭华押业信贷(01319.HK)10月31日斥资38.87万港元回购180.8万股
• ·稳定币结算量预计将在年内达5.28万亿美元，深入解读巴西、尼日利亚等新兴市场的金融变革
• ·玻璃期货盘中下跌1.69%，报1341元
• ·卡卡贷还进去能马上借出来吗？我刚还完一笔款又遇到急事了。
• ·10月31日易方达悦夏一年持有混合C净值增长0.08%，今年来累计上涨3.18%
• ·想问问广发车主卡积分规则是什么啊？
• ·比特币买卖的交易平台
• ·恒星币行情网-恒星币行情网最新消息
• ·法人用备用金支付的费用款怎么做账
• ·功夫贷身份证无法上传原因是什么啊？身份证一致上传不了。
• ·10月31日民生加银新战略混合C净值下跌1.08%，近1个月累计下跌3.43%
• ·51信用管家薪易贷申请条件有哪些？
• ·10月31日华泰紫金泰盈混合C净值下跌0.91%，近1个月累计下跌4.35%