️ Solana vs Ethereum – A Meme War or Market Shift? 🧠
It’s getting spicy out here in the crypto arena… and the memes are hitting just as hard as the market caps!
Over the weekend, Solana briefly flipped Ethereum in total staking value — triggering a fiery debate on whether that’s bullish or bearish for SOL. Some celebrated the milestone 🥂, while others, especially from the ETH camp, argued it reveals a deeper problem: Solana’s staking isn’t really staking (as slashing isn’t automatic, and network restarts are still a thing).
Bonus Meme: Apparently Ethereum’s new logo is now Internet Explorer — can’t say the UX didn’t earn it.
🧠 The FXProfessor’s Technical Take: Let’s cut through the noise.
SOLETH (Solana vs Ethereum Ratio)
Rejected at grand resistance: 0.088
Projected drop: -28% to 0.063
Structure: Bearish inside an ascending channel (highlighted in orange)
ETHUSD
Support: $1,530
Rebound potential: $1,650 and beyond
Long-term structure still forming — this could be a spring.
SOLUSD
Key support: $114
If that breaks higher, next test is $179, then $215
But failure at this level opens room for downside re-test near $80
So where do we stand? On chart structure alone, Solana might still outperform ETH short-term — but technically, SOLETH suggests a correction is due.
🧑 Yes, I’m emotionally attached to Ethereum — I have build on it, invested in it, got smashed on it for months..pain, at least for now. But I trade what I see (or at least i try damn it!)
Let the memes roll, but let the charts speak. Drop your thoughts — SOL or ETH?
One Love,
The FXPROFESSOR