A popular crypto trader believes one top-10 altcoin will likely outperform Ethereum (ETH) once the crypto market takes off on a bull run again.
Pseudonymous analyst Inmortal Crypto tells his 232,000 followers on the social media platform X that Solana (SOL) is already outperforming ETH in the latest market bounce this month, signaling the trend will likely continue.
[adinserter block="1"]“SOL outperforming ETH in this bounce. Obvious clues as to which out-performer will be when the bull run resumes.”
Looking at his four-hour charts comparing the performance of SOL to ETH during the month of April, the analyst shows SOL surged from its April low to high by about 65%, while ETH surged this month from its low to high by about 33%.
Next up, the analyst suggests that SOL will soon soar to around $330 after retesting a key support level at around $100.
“In retrospect, it will seem so obvious.”
The analyst also says that ETH is on the verge of a breakout after retesting the $1,500 level, likely repeating a similar late 2024 pattern.
“ETH: In a few months, many will look back to this chart with regret.”
Solana is trading for $151 at time of writing, down nearly 1% in the last 24 hours.
Meanwhile, ETH is trading for $1,791 at time of writing, up 1% on the day.
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