Solana vs Ethereum - Which Crypto Will Reigns Supreme in 2025?

Solana and Ethereum are the two top smart contract blockchains in the market. Ethereum is already a well-established blockchain technology, while Solana has captured the attention of potential investors because of its low transaction cost and scalability in the past few years. In this blog post, we will compare Solana and Ethereum in terms of various factors including market cap, technology, fees, and price predictions. 

SOL is a native coin of the Solana blockchain created in the year 2017. Solana blockchain is built on a PoH (Proof of History) consensus mechanism which allows to lower the costs and enhance the speed. Even though the total market cap of Solana is less than Ethereum, it is catching the interest of investors with its innovative features and rapid growth in the market. 

SOL Current Price - $204.55
SOL Market Cap - $103.74 Billion
SOL Circulating Supply - 486.14 Million 
SOL 24-Hour Trading Volume - $9.79 Billion
SOL All-Time High - $293.91 (Jan 19, 2025)
SOL All-Time Low - $0.5000801 (May 11, 2020)

Note: The Solana (SOL) information mentioned above is as of Feb 5, 2025.

Ethereum (ETH) was first launched in the year 2015 and is popular among the users of dApps and smart contracts. Ethereum is the 2nd largest cryptocurrency by market cap. It is an open-source blockchain supporting decentralized computing. 

Ethereum has reshaped its blockchain technology with a robust ecosystem. It supports thousands of dApps including DeFi protocols and NFT platforms. Despite higher transaction fees, Ethereum is widely used because of its reliability and security. 

ETH Current Price - $2,799.72
ETH Market Cap - $391.09 Billion
ETH Circulating Supply - 120.52 Million
ETH 24-Hour Trading Volume - $35.62 Billion
ETH All-Time High - $4,878.26 (Nov 10, 2021)
ETH All-Time Low - $0.433 (Oct 20, 2015)

Note: The Ethereum (ETH) information mentioned above is as of Feb 5, 2025.

SOL Price Prediction 2025

Price predictions for Solana and Ethereum are entirely different because of the difference in technologies, strategies, and many other factors. However, based on the price history of 2024 and technical analysis, the Solana price prediction for 2025 is expected to range between $189.27 and $231.82. The average price of Solana can be $195.41 in 2025. 

ETH Price Prediction 2025

The Ethereum price prediction for 2025 can experience steady growth throughout the year. Based on the previous year’s price fluctuations and technical analysis, ETH price is expected to range between $3,632.93 and $4416.41 for 2025. The average price of ETH is predicted to be $3,736.22 for the year 2025. 

Ethereum Blockchain 

Ethereum uses a PoS (Proof-of-Stake) mechanism which allows it to process transactions, create new blocks in the database, and deliver decentralization. These are the main factors in maintaining security in the ecosystem and trust in the community. 

Solana Blockchain 

Opposite to the Ethereum blockchain, Solana uses the PoH (Proof of History) mechanism. This mechanism verifies the transactions using the cryptographic methods on the ledger, plus enhances the transaction speed making it ideal for DeFi and gaming. The PoH mechanism allows the Solana blockchain to manage over 2,600 transactions per second efficiently. 

Solana Fees 

The transaction fee of Solana is comparatively less than Ethereum network. Processing fast transactions is one of the main reasons for Solana’s lower transaction fee. The average transaction fee of Solana is 0.00025.

Ethereum Fees

Compared to Solana, Ethereum has a high transaction fee specifically when the network is overcrowded. The current average transaction fee of Ethereum is 0.9375.

Solana Market Cap 

The currency market cap of Solana is $103.74 billion. Solana has seen significant growth in the market cap over the past few years and has the potential to become a strong competitor in the crypto market. 

Ethereum Market Cap 

Ethereum has the second-largest market cap in the crypto market with over $344.93 billion. However, The market cap of Ethereum was 8 times higher than Solana in 2023, and by 2024, it was only 3 times larger.   

Solana NFTs 

Solana network offers an ideal user experience to the NFT marketplace with its higher transaction speed and low cost. It is a perfect blockchain for those looking for cost efficiency and scalability.  

Ethereum NFTs

Ethereum is one of the best blockchains for NFTs because of its infrastructure and well-established ecosystem. Some of the popular NFT marketplaces are based on the Ethereum network, such as OpenSea.

Solana has shown impressive growth in various factors over the past few years. It has managed to overtake Ethereum in terms of daily transactions, active users, and new addresses every month. Furthermore, the new Solana upgrades have the potential to intensify the transaction speed up to 1 million per second. One of these notable upgrades is the Firedancer. These factors can help Solana to take over its competition in the market. 

However, it's difficult to take over Ethereum since it enjoys the first-mover advantage. All the investors and developers in the crypto space trust the Ethereum network because of its established ecosystem and dominance in the market. Solana needs to adopt various other factors to overtake Ethereum. However, the future of the crypto market is always uncertain since both cryptocurrencies have chances to grow in the crypto space. 

The answer to that question entirely depends on the usage. Ethereum is the best option if you are looking for higher security, decentralization, an extensive ecosystem, and easy access to developers. On the other hand, Solana is ideal for applications that require high speed with low transaction costs. Solana and Ethereum blockchains address different requirements, and both have unique strengths rather than being competitors. 

Solana and Ethereum follow two different methods and approaches to blockchain. Ethereum is the leader of the market because of the established ecosystem and decentralization. Solana is known for its high-speed transactions and low cost. Both blockchains are growing with the required needs of the market, opening opportunities for everyone.  

However, investing in established crypto coins is always risky, but cryptocurrencies in presale are an excellent option to make the right move at the right time. BlockDAG (BDAG) is the best option to invest in. The best thing about BDAG is the use of DAG technology that delivers every significant factor including decentralization, speed, scalability, and lower cost. 

Whether you choose Solana, Ethereum, or BlockDAG; it is crucial to remember that long term crypto investment comes with high risk. Always redefine your financial goals, and your risk capacity, and do thorough research before making any investment decision.

1. How many SOLs is 1 ETH?

One ETH is equivalent to 18.75 SOL. 

2. Is Solana related to Ethereum?

No, Solana is not related to Ethereum. It operates as an independent blockchain platform. 

3. Is Solana more centralized than Ethereum?

Yes, Solana has fewer validators (4,500+) compared to Ethereum’s 1,000,000+ which raises concerns about centralization.

4. What is Solana’s Firedancer upgrade?

Firedancer is an upcoming update for Solana, expected to handle up to 1 million transactions per second. This upgrade will potentially make Solana the fastest blockchain in the crypto market.