Hayes believes that Solana can hit $5K-$10K; hence, could offer a great opportunity for those who missed ETH when it was cheap.The Ethereum vs Solana debate took a renewed twist in the third week of March after Solana hit crucial milestones.He asked for his thoughts on the ETH vs. SOL debate, and Hayes offered his candid opinion.However, he added that Ethereum is the home of DeFi and hosts most of the first versions of dApps before they launch on other networks.
“If you think of primitives of DeFi and dApps, the first version is always on Ethereum. It’s not on Solana, AVAX, Cardano, or any other blockchains.”He added, “But you’re not seeing a new primitive emerge on a non-ETH chain first. If I start seeing that happen, I may have to change my mind on my maximalist position on ETH.”Interestingly, Hayes confirmed that he trades most L1s but categorically highlighted Solana as a great opportunity for anyone who missed cheap ETH.
“Solana is a better version of ETH; I disagree, but that’s what they believe. It could trade to $5K-$10K in this cycle. So buying it at $140 is a great asymmetric risk profile. Additionally, he highlighted Solana’s UX/UI as the best in the ecosystem and easy to use. Hayes believes these conditions could make Solana the best performer in this cycle.Benjamin is a Telecommunication Engineering graduate who is passionate about crypto-markets and unraveling market trends. Armed with charts and patterns, he's interested in making the intricate, complex landscape of digital assets more palatable for every user.Subscribe to get it daily in your inbox.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CryptoAmb - 🏆 22. / 68 Read more »
Source: CryptoAmb - 🏆 22. / 68 Read more »
Source: CryptoAmb - 🏆 22. / 68 Read more »