Going to buy Ethereum (ETH) or Solana (SOL)

Technical analysis report updated on 05/02/2023

Introduction to the history of two cryptocurrencies

Ethereum Development History

The Ethereum (ETH) coin was recorded by the Coin Market Cap system on August 07, 08.

Currently on the Ethereum coin market, it is possible to exchange for 6417 other digital currencies.

Ethereum is currently ranked 2nd on the cryptocurrency rankings by market cap

Solana's development history

Solana coin (SOL) was recorded by Coin Market Cap system on April 10, 04. If compared with Ethereum, this coin was born later

Currently on the market Solana coins can be exchanged for 428 other digital currencies (This number is only 0.07% compared to Ethereum)

Solana is currently ranked 11th on the cryptocurrency rankings by market cap

Information worth referencing

Information investors should know

Comparison of the recent growth between Ethereum and Solana

Growth rate Ethereum (ETH) Left (LEFT) Distance (ETH - SOL)
Within 24 hours 0.98% -1.08% 2.06%
Within 7 days 6.31% 1.87% 4.44%
Within 30 days 34.40% 86.80% -52.40%
Within 60 days 33.60% 75.07% -41.48%
Within 90 days 3.41% -29.85% 33.25%

Analysis by growth

In the recent 3-month period Ethereum coin has seen a slight growth of 3.41%. As for the Solana coin, it has also decreased in value significantly in the last 3 months

Compare total supply value and market capitalization

Ethereum (ETH) Left (LEFT)
Maximum total supply -- --
Circulating supply 122,373,866 372,568,037
Total supply 122,373,866 539,312,705

* Note
Total circulating supply: Number of coins circulating in the market and in the hands of the public. It is similar to how stocks move in the stock market.
Maximum total supply: The maximum number of coins that will exist in the lifetime of the cryptocurrency. It is similar to fully diluted shares in the stock market.
Total supply: Number of coins created, minus any burned coins. It is similar to shares outstanding on the stock market.

Summary of reasons to buy Ethereum or Solana

Reasons to buy Ethereum

Reasons not to buy Ethereum

Reasons to buy Solana

Reasons not to buy Solana

General note for investors

These are specifications based analysis only

The technical specifications will be suitable for short-term investors, and profit from the investments With large and long-term investments you also need to do fundamental analysis i.e. read and understand more about the technicians, teams, investors behind that particular digital currency.

We do not make investment decisions for you

Automatic parameter analysis articles will help you have a multi-dimensional and easier to understand view than just looking at those with zero numbers.

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