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 :
- A surge in meme coin launches like $TRUMP and $DOOD,
- 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?
| 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
| 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
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A decade-long tug-of-war ends: "Crypto Market Structure Bill" sprints to the Senate
At the Blockchain Association Policy Summit, U.S. Senators Gillibrand and Lummis stated that the "Crypto Market Structure Bill" is expected to have its draft released by the end of this week, with revisions and hearings scheduled for next week. The bill aims to establish clear boundaries for digital assets by adopting a classification-based regulatory framework, clearly distinguishing between digital commodities and digital securities, and providing a pathway for exemptions for mature blockchains to ensure that regulation does not stifle technological progress. The bill also requires digital commodity trading platforms to register with the CFTC and establishes a joint advisory committee to prevent regulatory gaps or overlapping oversight. Summary generated by Mars AI. The accuracy and completeness of this summary, generated by the Mars AI model, is still being iteratively updated.

Gold surpasses the $4,310 mark—Is the "bull frenzy" returning?
Boosted by expectations of further easing from the Federal Reserve, gold has risen for four consecutive days. Technical indicators show strong bullish signals, but there remains one more hurdle before reaching a new all-time high.

Trend Research: Why Are We Still Bullish on ETH?
Against the backdrop of relatively accommodative expectations in both China and the US, which suppress asset downside volatility, and with extreme fear and capital sentiment not yet fully recovered, ETH remains in a favorable "buy zone."

