$SOL ON ITS WAY TO SURPASSING ETHEREUM!

Solana (SOL) might be on its way to surpassing Ethereum (ETH) in some metrics, according to Qiao Wang, co-founder of Alliance DAO and seasoned cryptocurrency analyst. Here's what's happening :

Developer Preference: Solana-based projects are competing nose-to-nose with Ethereum-based protocols for funding, with Solana's share increasing since late 2022. Ethereum's share in this metric dropped below 50% for the first time in history in H1 2025.

Active Addresses: Solana has surpassed Ethereum in active addresses, with other blockchains like Tron and BNB Smart Chain also gaining ground.

DeFi TVL: However, Ethereum still dominates DeFi Total Value Locked (TVL) with over 51% market share ($52 billion out of $102 billion). Solana sits at 7.77% TVL.

Current Market Performance

Solana (SOL): $145.43 (down 0.92% today), Market Cap: $77.68B.

Ethereum (ETH): $1828.17 (up 0.40% today), Market Cap: $218.77B.

While Solana shows promise, it's essential to track both cryptocurrencies' performance and adoption rates for a clearer picture.