Solana Over Ethereum — But the Real Money Is in the Apps | Ran Neuner

SPEAKER_1 (0:00)

Ethereum or Solana? Let's say I have both, but I want to top up my position. I want to make money this bull run. Which would you choose?

Ran Neuner (0:06)

Solana. Why? Because again, it was hit very, very, very hard. I think the all-time high was near $300.

It's back under $100 right now. ETH, I think all-time high, around 4,500, it's 50% down, Sol's about 66% down. I also think that Solana has a much more energetic community. I think ETH is much more like an ETF style community now. Solana is much more like an energetic community. I think when it starts pumping, it will really pump.

SPEAKER_1 (0:30)

And if the thesis is the crypto market cap can 8x, meaning go from around 2 trillion to at the most 16 trillion, not all altcoins will benefit. What's the projection for Solana?

Ran Neuner (0:41)

So I'm not really excited about the L1s, I'll be honest with you. Why? Because I think the L1 race has already been won. I think it's Ace and Robinhood Chain, and I think it's Solana. I think that's the winners in the L1 race. What excites me is the applications that are being built on the L1 and are generating revenue. I think we've spent 10 years, 15 years building infrastructure now, and now it's time to actually build the use cases on the infrastructure, and I think that that's the cycle.