Peter Brandt suggests that if SOL manages to break through this resistance level, the value of the coin could double compared to the second largest cryptocurrency:
“There is a clear prospect of Solana doubling in value relative to Ether.”
The trader believes that Ether is not capable of being a store of value and has operational problems, especially with regard to second-tier solutions, plus high commissions (gas fees).
Known for its high throughput and low fees, Solana is gaining more attention as an alternative to ETH's scalability issues, a trader says.
Earlier, Peter Brandt called Bitcoin a new standard for storing values, which can replace paper currencies and government bonds.
Source: Bits
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