ETH and SOL skipped?
ETH and SOL skipped?
According to coinmarketcap’s altcoin index, alt season is officially here. This is measured by the alt coin value relative to BTC as well as some other indicators.
However, it is starting to look like ETH and SOL have remained relatively flat compared to the rest of the altcoin market. From my understanding it’s usually BTC then flows into eth and other top alts and then the rest of the atlcoin market explodes. Will ETH and SOL get skipped this time around?
ETH has been stagnant for a while now. Scalability concerns and competition from other Layer-1’s like SOL, AVAX, ADA pose risks.
Eth is literally just starting to run and has outperformed bitcoin heavily over the last week. If won’t go crazy like whatever big winner small caps there are but it will definitely outperform bitcoin for the rest of the bull run from this point onward