A top crypto strategist thinks Solana (SOL) will continue to outperform Ethereum (ETH) this cycle as interest in the fifth-largest crypto project remains high.
Pseudonymous analyst The Flow Horse tells his 253,400 followers on the social media platform X that Solana will likely outperform Bitcoin (SOL/BTC) this cycle the way ETH did in prior cycles.
“Of all prior cycle patterns to repeat, I think the one that holds the most weight would be Solana following prior ETH patterns relative to BTC. We already know that the composition of people here has preferred Solana, so barring any exogenous influence, why wouldn’t it continue to outperform ETH? If you think it will without that, you are betting on people just completely pivoting from their preferred casino to one they have had no interest in…
Exogenous influence in this case means any flows fragmented away from this market, such as a [MicroStrategy founder Michael] Saylor type of entity or ETF (exchange-traded fund) flows.”
SOL/BTC is trading for 0.002219 BTC ($217) at time of writing, up 4% in the last 24 hours. Meanwhile, ETH/BTC is trading for 0.03656 BTC ($3,581) at time of writing, up 2.44% on the day.
The trader also doubles down on his belief that artificial intelligence (AI) focused altcoin projects will eventually be one of the strongest crypto sectors.
“While I find some of the AI agent stuff to be quickly manufactured gimmicks, I still believe AI has the biggest potential to be the first killer narrative in crypto with substance, and far more tangible than anything else produced recently. Been saying this far too early, which is just as good as being wrong. Eyes on where the puck is going right now. I am cautiously bullish on anything even remotely associated with AI, but still think everything depends on the king BTC.”
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