Ethereum is a serious competitor to Solana - report

The Fidelity platform has released a report indicating that in the long term, Ethereum's strong fundamentals will be more important than Solana's speed and low costs.

Analysts assert that investors will start paying more attention to Ethereum in the near future. In the blockchain of the second largest cryptocurrency by market cap, specialists highlighted high developer activity, total value locked (TVL), and stablecoin supply. It’s noteworthy that the volume of locked value and revenues for Solana are growing faster than those of Ethereum, but the second metric is largely linked to meme coin trading. Experts claim that this cyclical trend will break during a bear market.

Short-term price fluctuations are often driven by narrative influences. Throughout 2025, Solana may remain a significant competitor, considering the expected upgrades for both networks, the report states.

Previously, experts from the CoinGecko platform released a report stating that the Solana blockchain ranked first in attracting global traffic.