Solana to hit $330?

VanEck predicts that SOL has the potential to reach 50% of ETH's market cap, with a price target of $330.

These predictions are based on Solana's superiority over ETH. For example, Solana processes 3,000% more transactions than Ethereum, has 1,300% more daily active users, and its transaction fees are many times cheaper than ETH.

On the investment side, ETH is considered a more stable option, while SOL may be a riskier asset, but its upside may be higher.

VanEck also previously applied for a Solana ETF.