Solana vs Ethereum: The ATH Race Begins — Which Coin Will Break Records First?

Solana vs Ethereum: 谁先突破新高？

The crypto market is heating up, and two of the biggest altcoins — Ethereum (ETH) and Solana (SOL) — are at the center of attention. Both tokens are edging closer to their previous all-time highs (ATHs), sparking a fierce debate: which one will get there first?

As of July 21, 2025:

• Ethereum is trading around $3,800, just 22% below its ATH of ~$4,878.
• Solana is hovering near $174, sitting 33% below its ATH of ~$260.

With altcoin season gaining traction and institutional money flowing into crypto, the battle is on.

Latest News Fuelling the Surge

Ethereum Gains Institutional Momentum

Ethereum’s growth is powered by ETF inflows , rising staking participation, and support from upcoming U.S. legislation like the Genius Act and Clarity Act, which aim to regulate stablecoins and define crypto asset classifications. Analysts suggest these developments are reinforcing ETH’s dominance as the leading smart contract platform.

Solana Rides the Meme & RWA Wave

Solana, meanwhile, is seeing massive adoption thanks to :

1. A surge in meme coin launches like $TRUMP and $DOOD,
2. An explosion in Real World Asset (RWA) protocols, up over 140% YTD,

Its ultra-low fees and fast throughput making it a favorite for developers and retail traders alike.

Technical Analysis: Who’s Closer?

Token Current Price ATH % from ATH Trend

ETH	~$3,800	~$4,878	-22%	Steady uptrend
SOL	~$174	~$260	-33%	High volatility

Ethereum is slowly grinding higher with strong support zones and bullish RSI patterns. Solana recently broke past the $165–170 resistance and could test $200 in the coming weeks.

Analysts Are Split

According to market sentiment:

• Ethereum is more likely to reach its ATH first, backed by long-term demand, growing institutional adoption, and strong fundamentals.

By TradingView - ETHUSD_2025-07-21 (All)

• Solana, however, has higher upside potential in percentage terms. A breakout above $200 could open the door to $260 and beyond — especially if meme coin hype and RWA activity continue.

By TradingView - SOLUSD_2025-07-21 (All)

21Shares’ analysts even stated that while ETH is “safer,” SOL could be the top-performing altcoin in a bull cycle due to its faster growth curve.

Risk vs Reward Comparison

Factor Ethereum (ETH) Solana (SOL)

Institutional Support	✅ Strong ETF backing	❌ Less institutional focus
Developer Ecosystem	✅ Largest ecosystem	✅ Fast-growing
Volatility	🔵 Medium	🔴 High
Hype Potential	🔵 Moderate	✅ Extreme (Meme/Fair Launch)
Network Fees	🔴 High	✅ Low

Final Verdict: The ATH Race Is ON

• Ethereum is likely to reach its ATH first, due to stronger fundamentals and sustained institutional support.
• Solana might outperform in speed and % gains, especially in a meme-driven, speculative rally.

Investors are watching both charts closely, and as market dominance begins to shift from Bitcoin to altcoins, the ETH vs SOL rivalry is one of the most exciting narratives of 2025.

买入机会前瞻

是否考虑在突破前布局？

$SOL, $ETH