๐ Ethereum vs Solana: Valuation at All-Time Highs
According to DBA co-founder Jon Charbonneau:
๐น Ethereum (Nov 2021)
๐ Annualized network revenue: $21.9B
๐ฐ FDV: $578.71B
๐ Valuation multiple: 26.42x
๐น Solana (Jan 2025)
๐ Annualized network revenue: $6.61B
๐ฐ FDV: $177B
๐ Valuation multiple: 26.77x
โ๏ธ Striking similarity โ is Solana walking Ethereumโs old path? ๐