- Ethereum: Up 50% monthly but down 23% over six months; currently trading between $1468 and $2037 with no clear trend.
- Solana: Gained 24% in the last month but still down 30% over six months; trading between $109 and $171, showing mixed momentum signals.
- Outlook: Both have upside potential—Ethereum with its strong dev base, Solana with speed and low fees. No clear winner yet; it’ll depend on market sentiment and upcoming news.
Ethereum and Solana — two big names lighting up the crypto scene. With summer creeping in, investors are watching closely to see which one might pop off first. Will it be Ethereum with its deep roots, or Solana with its speed and agility? Let’s break it down.
Ethereum Price Action: Steady but Shaky
Ethereum had a pretty solid monthly run, jumping 50.61%, but the past six months? Not so great — down 23.10%. The last week saw a slight dip of 4.84%, showing that while ETH can bounce, it’s still caught in a choppy phase. It’s stuck bouncing between $1468 and $2037, with support hanging out down at $1142 and resistance capping it around $2280.
There’s no clear winner between bulls and bears right now. The trend feels stuck in limbo, and the market seems touchy — reacting quickly to shifts in news or momentum. If you’re trading it, it’s probably about watching those support/resistance levels and staying nimble.
Solana: Momentum or Mirage?
Solana’s got its own story. It gained 24.11% over the past month, but zoom out and the last six months show a 30.10% slide. Pretty volatile. Its current range is between $109 and $171, with support down at $71 and resistance just shy of $195. There’s another resistance ceiling sitting way up at $256.
Technically speaking, things are mixed. RSI’s at 55.4 — not hot, not cold. The Awesome Oscillator reads 16.29, suggesting some buyer interest. But the momentum indicator shows -6.5, so there’s still bearish pressure lingering. Bottom line: SOL doesn’t have a solid trend yet either. Traders are likely eyeing shorter moves until something breaks.
Who’s Gonna Hit That ATH First?
Both ETH and SOL have strong potential. Ethereum’s backed by its massive dev community and steady upgrades. Solana? It’s quick, cheap, and still gaining attention. Who’ll reach their all-time high first? That’ll come down to a mix of headlines, macro moves, and investor vibes. Best bet? Keep your eyes peeled and your strategies flexible.
