SOL is breaking out as flows rotate from ETH.
Adoption, fees, and TVL are climbing, while SOL DATCOs trade at >1.3 NAV premiums versus ETH’s discounts.
With $100M flowing into staking ETFs in just three weeks, the setup points to a potential run toward $350.
Source: @BobLoukas
Key Report Insights:
Adoption Lead: SOL outpaces ETH in addresses, fees, and TVL
Premium Signal: SOL DATCOs >1.3 NAV vs ETH <1.0
ETF Flows: $100M+ into SOL staking ETFs in 3 weeks
Breakout Setup: Range cleared, $350 target in play
Risk Overhang: Bot volumes, Pump.fun fees, outage history
1. Crypto Technicals:
A. Relative Strength vs. ETH:
SOL has steadily gained on ETH since 2024.
While ETH’s Pectra upgrade and the Stablecoin Act briefly shifted momentum, the trend is snapping back.
SOL is rebounding toward its long-term trendline, with 0.08 SOL/ETH—or about $350 at ETH’s current ~$4,480—now in play.