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news-imageApril 23, 2025

Solana Has Lots of Room to Gain on Its ‘Invalid Cousin' Ethereum, Asserts Trader Peter Brandt

As the battle for dominance between ETH and SOL intensifies, analysts are increasingly leaning toward Solana overtaking Ethereum not just in price, but also in scalability and real-world utility in the near future.
Publisher: Zycrypto
Sentiment: Positive
ETH
SOL

More News Articles

Positive
cover-imageCoinPedia
April 23, 2025

Mega Bullish: SOL Strategies Announces $500M to Buy More Solana

SOL Strategies agreed with ATW Partners to issue a convertible note of up to $500M. The capital will exclusively be used for purchasing Solana coins, and staked to offer regular yields. Solana price will heavily benefit from the deal, especially after the recent bullish breakout. SOL Strategies Inc.

Positive
cover-imageBenzinga
April 23, 2025

Bitcoin Spot ETFs Record $936 Million Net Inflow, Ethereum ETFs Add $38.74 Million

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: BTC) spot ETFs saw combined net inflows of $974.7 million on Tuesday, reflecting sustained investor interest in cryptocurrency funds. What Happened: Bitcoin spot ETFs recorded $936 million in net inflows, marking three consecutive days of positive flows, while Ethereum spot ETFs added $38.7 million, with all nine funds showing gains.

Neutral
cover-imageThe Daily Hodl
April 23, 2025

Galaxy Digital Unloads Ethereum and Accumulates Solana As $105,480,000 in ETH Deposited to Binance: Lookonchain

Crypto firm Galaxy Digital is executing an asset swap involving the native tokens of layer-1 blockchains Ethereum (ETH) and Solana (SOL), according to on-chain data. Data from blockchain tracking platform Lookonchain suggests that Galaxy Digital has, over the past two weeks, sold Ethereum worth tens of millions of dollars and purchased Solana.

Positive
cover-imageCryptonews
April 23, 2025

SOL Strategies Secures $500M Convertible Note Facility to Boost SOL Purchases and Validator Growth

SOL Strategies secured a $500M convertible note facility to acquire SOL tokens and expand validator operations, with interest paid via staking yields, marking a major institutional staking move in the Solana ecosystem. The post SOL Strategies Secures $500M Convertible Note Facility to Boost SOL Purchases and Validator Growth appeared first on Cryptonews.

Positive
cover-imageCryptonews
April 23, 2025

SOL Strategies Locks In Record $500M Note to Turbo-Charge SOL Staking Yield

SOL Strategies has unveiled a convertible note facility of up to $500M, with a $20M opening tranche expected by May 1 2025. Proceeds purchase SOL that is staked on in-house validators, and note interest is paid in SOL at up to 85% of the staking yield generated. The post SOL Strategies Locks In Record $500M Note to Turbo-Charge SOL Staking Yield appeared first on Cryptonews.

Positive
cover-imageThe Cryptonomist
April 23, 2025

DeFi Development Corporation invests $11.5 million in Solana

The DeFi Development Corporation, a company listed on Nasdaq with the symbol JNVR and previously known as Janover, has announced a significant financial operation that further consolidates its position by investing in Solana. The company has indeed acquired 88,164 Solana tokens (SOL) for a total value of approximately 11.5 million dollars, thus bringing its total holdings to 251,842 SOL, equivalent to about 34.4 million dollars, also considering the accumulated staking rewards.

Positive
cover-imageCrypto Daily
April 23, 2025

Crypto Price Analysis 4-23: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, INTERNET COMPUTER: ICP, ALGORAND: ALGO, BITTENSOR: TAO

The crypto market is surging along with the broader financial market after Treasury Secretary Scott Bessent stated during a closed-door meeting that the trade war between the US and China is unsustainable. Bitcoin (BTC) continued its upward trajectory, crossing $93,000, a key resistance level.

Positive
cover-imageBenzinga
April 23, 2025

XRP, Ethereum, Solana, Dogecoin Surge 10% On Bitcoin's $94,000 Push: How High Can They Go?

Bitcoin's (CRYPTO: BTC) climb to $94,250, up 6.5% during European trading hours on Wednesday, has ignited a rally across major altcoins, with Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), XRP (CRYPTO: XRP) and others posting double-digit gains. This surge points toward a broader market shift, where altcoins are poised for significant upside, driven by institutional adoption, regulatory clarity, and ecosystem innovation.

Positive
cover-imageCoinPedia
April 23, 2025

Why Ethereum Price is Up Today— Key Reasons Behind It

Ethereum, the world's second-largest cryptocurrency, has made a strong comeback after dipping below $1,400 not long ago. Now, it's back above $1,800, a three-week high, and investors are starting to ask, What's behind this sudden surge? Let's take a look at the key reasons.

Positive
cover-imageThe Cryptonomist
April 23, 2025

Polygon surpasses Ethereum: the new era of NFTs linked to real-world assets

In recent months, the world of NFTs has witnessed a significant evolution. If in the past the focus was mainly on digital art, today the focus is shifting towards tangible assets, and at the forefront of this transformation is Polygon, which has recently surpassed Ethereum in terms of weekly sales. According to the data from CryptoSlam updated as of April 22, NFTs on Polygon generated 22.1 million dollars in weekly sales, recording an increase of 17.64% compared to the previous week. In comparison, Ethereum stopped at 21.8 million, while Mythos Chain and Bitcoin totaled 14.3 million and 14.1 million respectively. This jump led Polygon to hold 24% of the global NFT transaction volume, out of a weekly total of 92.9 million dollars.

Positive
cover-imageThe Cryptonomist
April 23, 2025

Solana: the case of the whale with profits of 153 million dollars after 4 years of staking

After 4 years of staking, a Solana Whale made a profit of over 153 million dollars, continuing to keep 1.19 million SOL in staking. This is according to Lookonchain, which reported the transaction of 100,000 SOL (equivalent to 13.9 million dollars) from the whale's address on Binance. The blockchain analysis company Lookonchain revealed the case of the Solana whale and its profits of 153 million dollars after 4 years of staking.

Positive
cover-imageCointelegraph
April 23, 2025

Ethereum bounces back as market dominance recovers from all-time low

Ethereum's price has surged after having been in the doldrums for weeks, helping boost its market share after it hit record lows.Ether (ETH) has surged almost 15% over the past 24 hours, topping $1,800 on April 23. It has outperformed Bitcoin, which notched a 6% gain, and the wider crypto market, which has climbed almost 5% to reclaim a total market value of $3 trillion.

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