๐๐ฎ๐ป ๐๐๐ต๐ฒ๐ฟ๐ฒ๐๐บ ๐๐น๐ถ๐ฝ ๐ฆ๐ผ๐น๐ฎ๐ป๐ฎ? โฌ๏ธ ๐ฐ๐ฌ% ๐๐ฟ๐ผ๐ฝ ๐ช๐ฎ๐ฟ๐ป๐ถ๐ป๐ด ๐ณ๐ผ๐ฟ ๐ฆ๐ข๐/๐๐ง๐
Solanaโs years of dominance over Ethereum might be coming to an end.
Technical signals, crashing memecoin revenue, and Ethereumโs Layer-2 growth now point to a potential 40% drop in the SOL/ETH pair.
โฌ ๐น Rising Wedge Breakdown Confirmed
Solana (SOL) has broken below a multi-month rising wedge pattern vs. Ethereum โ a bearish structure that often leads to steep losses.
โก๏ธ Target: 0.038 ETH by July, down 40% from current levels (~0.065 ETH).
โฌ ๐น 50-Week EMA = Final Support
The pair is holding around the 50-week EMA (~0.0628 ETH).
โก๏ธ If SOL closes below this on the weekly chart, it may confirm a larger move down.
โฌ ๐น Memecoin Activity Has Collapsed
Solanaโs memecoin platform, Pump.fun, saw explosive fee revenue in Q1 2025 โ but thatโs over.
โก๏ธ Daily fees have plunged to yearly lows, signaling fading retail interest.
โฌ ๐น Memecoins Were a Major Revenue Source
Between Dec 2024 and Mar 2025, Pump.fun drove over 3M SOL in cumulative fees.
โก๏ธ Now that the hype is gone, one of Solana's biggest value drivers is weakening.
โฌ ๐น Standard Chartered: Caution on Solana
The global bank warns that Solana may underperform if it doesnโt evolve beyond memecoins.
โก๏ธ Meanwhile, Ethereum is thriving via Layer-2s like Arbitrum and Base โ with low fees and real-world use cases.
โฌ ๐น Ethereum Momentum Growing
Analyst Alex Clay believes an โEthereum outperformance seasonโ is already here.
โก๏ธ He supports the bearish SOL/ETH outlook, citing both chart patterns and fundamentals.
๐ Bottom Line:
Solanaโs edge from memecoins is fading fast โ and the charts are breaking down.
Ethereum, powered by real adoption and L2 expansion, may finally flip the narrative.