A venture capitalist who correctly called the 2022 crypto bottom says that one Ethereum (ETH) rival appears primed to outperform the leading smart contract platform.
Chris Burniske, the founder of Placeholder Capital, tells his 263,000 followers on the social media platform X that Solana (SOL) looks poised to outperform the top altcoin during the next risk expansion in crypto markets.
Looking at the SOL/ETH pair, Burniske points out that Solana has reclaimed the 0.01 ETH level already and may be on track to hit 0.02 ETH in the next impulse.
“SOL: 0.01 ETH reclaimed first, 0.02 ETH on the next big risk expansion?”
Source: Chris Burniske/X
The veteran crypto investor notes that his prediction is not a critique of Ethereum and that he’s bullish