Solana Has Lots of Room to Gain on Its ‘Invalid Cousin’ Ethereum, Asserts Trader Peter Brandt

As the battle for dominance between ETH and SOL intensifies, analysts are increasingly leaning toward Solana overtaking Ethereum not just in price, but also in scalability and real-world utility in the near future.

On Tuesday, veteran trader Peter Brandt sparked a fresh wave of debate between the two assets, predicting a major bull run for SOL against ETH.

 “This C&H is still playing out, by the way. SOL has lots of room to gain on its invalid cousin, $ETH.” Brandt tweeted.

Brandt, who has over four decades of experience in technical analysis, pointed to a Cup and Handle (C&H) formation on the SOL/ETH trading pair. This classic bullish pattern suggests a potential 90% upside for Solana compared to Ethereum. 

Notably, Brandt had already highlighted this chart last November, predicting possible targets at 0.11 and 0.20 for the SOL/ETH ratio, a view consistent with his long-standing skepticism of Ethereum and its perceived limitations.

Elsewhere, analyst CryptoCurb echoed Brandt’s sentiment, sharing a chart that highlighted strong bullish momentum for Solana. The chart illustrates a clean breakout above the previous all-time high, followed by a textbook retest at the 0.087 level, setting the stage for a potential surge toward 0.15 SOL/ETH, which implies a 72% upside from current levels.

Meanwhile, Wall Street veteran Fred Krueger framed the ETH vs. SOL debate in broader market terms, comparing the dynamic to that of gold and silver. “Bitcoin is Gold. Solana is Silver. Who cares about the rest?” Krueger argued that just as silver typically holds around 10% of gold’s market share, Solana could reach 10% of Bitcoin’s value, up from its current 3%, highlighting a significant upside.

Investor Nick O’Neil supported this view, suggesting that Solana should at least be on par with Ethereum. “My math is similar,” he noted. “If BTC goes to $200K, ETH should double, and $SOL would double again. $1,000 SOL is incoming.”

That said, beyond the technical aspects, Solana’s appeal mainly lies in its fundamentals. Solana boasts unmatched scalability, processing over 2,600 transactions per second, compared to Ethereum’s 15 transactions per second. This performance advantage has translated into real-world adoption, with Visa choosing Solana for USDC-based blockchain settlements.

This week, Galaxy Digital recently executed a $106 million ETH-to-SOL swap, signaling a rise in institutional confidence in Solana’s infrastructure. Visa has expanded its stablecoin settlement capabilities to include the Solana blockchain, citing its high performance and low costs.

Solana also offers significantly lower transaction costs, with average fees of around $0.00025, compared to Ethereum’s average transaction fees, which are currently higher, at approximately $0.323.