VanEck research suggests that Solana is expected to rise to $330, with network advantages being key
VanEck: Solara's target price is $330
According to VanEck's report on September 25th, Solana (SOL) is expected to reach $330 and may grow to 50% of the current market value of Ethereum (ETH), mainly driven by Solana's advantages in speed and transaction processing.
The report cites throughput data from Solana, whose network can process thousands of transactions per second (TPS), which is 3000% higher than Ethereum's TPS. In addition, Solana has 1300% more daily active users than Ethereum, and its transaction fees on the Solana network are nearly 5 million times cheaper than Ethereum.
The author of the report points out that Solana's significant advantages in speed and cost-effectiveness make it more advantageous than Ethereum in the fields of payments and remittances. Especially stablecoins are considered one of the main drivers of decentralized financial activities, which can leverage Solana's excellent processing capabilities to transfer cost savings to users.
The report mentions that retail investors are "gradually realizing" Solana's potential as a smart contract platform to challenge Ethereum, while they are skeptical that institutional investors have not yet noticed Solana's advantages. The report speculates that the slow adoption of Solana by institutional investors may be due to their hesitation in abandoning "blue chip assets" like ETH and embracing relatively new Solana instead.
Why Ethereum is not performing well
In early September 2024, VanEck released a report analyzing the reasons for suppressing Ethereum prices. According to VanEck's analysis, Ethereum's poor price performance is mainly due to the value of its Layer 2 network being extracted.
The Layer 2 scaling solution for Ethereum has grown rapidly due to the Dencun upgrade in March 2024, which significantly reduced transaction fees for the Ethereum Layer 2 network.
Due to the rapid growth of these Layer 2 projects and the significant reduction in transaction costs, the revenue of Ethereum Layer 1 has dropped significantly by 99% since March 2024. However, in late September 2024, transaction fees on the Ethereum network began to recover.
VanEck also specifically pointed out that some users have turned to faster Layer 1 networks such as Solana and Sui (SUI), which is another important factor suppressing Ethereum prices and transaction revenue. The report suggests that although Ethereum still has a first mover advantage, this advantage is rapidly shrinking.
(责任编辑:宏观研究)
-
包括每天关心什么,包括50位顶级投资人的朋友圈发一条,这个就有价值。...[详细]
-
今天的手机行业,中国品牌已经把国际品牌清理出去了,除了苹果。...[详细]
-
这类的公司都是在这个上面做文章,给能提供知识产品化的人和焦虑的人搭建桥梁做一个工具。...[详细]
-
Circle秘密谈判出售USDC业务,Coinbase与Ripple成潜在买家
这两年我们看到了太多的90后、00后创业者,能够讲非常炫丽的故事,但是很快就不见了。...[详细]
-
针对的用户不同:在其他的四款游戏里面,我并没有找到跟《王者荣耀》上手难度相近的游戏,其他的游戏都对手机端的MOBA类游戏做了相应的简化,但是他们却都并没有简化到《王者荣耀》那么低的入门难度,从这里...[详细]
-
归属于母公司股东净利润2015年、2016年增幅为37%、25%,规模分别约为0.93亿元、1.16亿元。...[详细]
-
Metis&ABGA collaborate to launch GameFi Quantum Leap accelerator program with Google Cloud
高级会员,对应更多的特权,对应更好的价格。...[详细]
-
这成了他坚定的认为“电子商务是骗局”的根本。...[详细]
-
所以逃课,编程,打游戏成了李斌的三大爱好,就是不学习。...[详细]
-
前Cardano首席市场官Adam Bates加入XION,出任首席文化官
如果做衣服,肯定与凡客直接成为对手。...[详细]