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Solana’s SOL Is ‘Richly Valued’ Versus ETH Price, but Could Still Outperform If Trump Gets Elected: Standard Chartered

October 8, 2024
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SOL’s ratio of market capitalization versus community price revenues is 250, greater than double than ETH’s 121. Solana’s provide grows round 5.5% yearly, whereas ETH’s token inflation charge stands round 0.5% a 12 months, they added. Increased inflation implies that SOL’s actual staking yield is 1%, in comparison with ETH’s 2.3%. In the meantime, 38% of all established builders within the blockchain trade work on the Ethereum ecosystem, with Solana claiming a 9% share.



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Tags: CharteredElectedETHoutperformPriceRichlySOLSolanasStandardTrumpValued
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StanChart believes Solana will outperform Bitcoin, Ethereum under Trump administration

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