Ethereum's price surged, nearing $2400, with optimism about its future performance. Meanwhile, Solana's meme coin plummeted by 56% from its all-time high. The market witnessed a shift from Solana to Ethereum, as indicated by a 5% rise in ETH and a 4% drop in SOL. The transition of Solana to an Ethereum L2 via the Wormhole Eigenlayer bridge led to a significant surge in Ethereum's value. Vitalik Buterin's insights on the Ethereum ecosystem also garnered attention, reflecting the community's anticipation for Ethereum's future growth.
Ya’ll thought the rotation from $SOL to $ETH was happening but instead sol is up 10% and Solana Memecoins are aggressively bouncing off bottoms / making new highs. I’m Max bidding $CA / @contractaddress most resilient community i ever seen. Slowly, then all at once. 10M ⏳ https://t.co/c03erPDmp2
“…make at least a part of the Ethereum ecosystem actually be the permissionless, decentralized, censorship resistant, open source ecosystem that we originally came to build.” If you like this you will love our 2024 @ETHBerlin theme & manifesto (to be published soon). 🫶🏴🌐 https://t.co/EJaOKCl7Tu
Love this from @VitalikButerin 🖤 We wrote about our concerns for #Web3 and increasing centralisation back in May which expands on many of these points https://t.co/MeqnlQn8O5 https://t.co/22M8LxyVpG
Babe wake up new Vitalik just dropped https://t.co/9xRITtzRYz
Lmfao Solana literally fckin undefeated https://t.co/omULkZOPnD
Great post from @VitalikButerin, and the quoted segment below was banger. Tokens -> Profit motive -> interest and attention -> progress. The cynics get confused because along with the progress comes a lot of noise, but this is what markets look like... perhaps the world has… https://t.co/hRkgRgzXQh
Fantastic piece from @VitalikButerin. One of many key bits https://t.co/tGt1YayJru https://t.co/UTyusF677U
Bruh they really destroyed all solana memes eh Wtf
Solana and eth
the solana narrative is dead im taking my talents to eth L2
Ethereum $ETH is back over $2,400 👀 https://t.co/QIdGtpFixz
$ETH slowly, then all at once. It's building https://t.co/554SAPk4PC https://t.co/ReE3TGLtBz
Ethereum jumped Wednesday, but the tokens of scaling networks @Optimism and @arbitrum were the real winners with massive gains. Click below to read: https://t.co/7K4nxgHc37
Brakes on Bonk: Solana Meme Coin Down 56% From All-Time High https://t.co/QKM0Nf1AtH
#ETH ultra Bullish, #Bitcoin Domancance Bearish! Can anyone guess what comes next!? #Altcoinszn2024 🚀 https://t.co/Pi9BN5CpUg
#ETH ultra Bullish, #Bitcoin Domancance Bearish! Can anyone guess what comes next!? 🤔 #Altcoinszn2024 🚀 https://t.co/zi6cfQsKnO
⚠️BREAKING: *CRYPTOS RALLY IN YEAR-END TRADE AS ETHEREUM TOPS $2,350 $BTC $ETH $ADA $SOL $DOGE https://t.co/gBAEngRCYR
Ethereum Jumps, But the Real Winners Are Optimism, Arbitrum, and Polygon ► https://t.co/xspuRCayQO https://t.co/xspuRCayQO
ETH holders waking up: “Honey! Wake up! We’re back!” https://t.co/bwiYhRJRc4
Ethereum Nears $2400 As Solana Stalls, DApp Activity Accelerates https://t.co/8At8pDRvp4
Solana memecoins will pump again…. Don’t worry. Many of the coins that exist right now will die but some key ones will pump the hardest into consolidation and next pump https://t.co/o2RH7FA36r
What’s that sound? The Great Rotation ETH up 5% today, SOL down 4% The great part about cross asset class investing is you can spot a theme and it works in multiple markets. I do believe ETH hits ATH next year. ETH will teleport - big moves in short time frames. https://t.co/olMItGO82z
The bleed on solana memecoin volume is unreal wow Lots of community members happening
As $ETH does pick up steam, I also expect the ETH NFT market to begin to move rapidly. The first "real" bull market for NFTs came in the spring / summer of 2021, as ETH was printing vs. BTC. Confidence begets confidence. Bullishness begets bullishness. https://t.co/bF5aLaXftM
eth skyrocketing on the news that solana has transitioned to an ethereum l2 via the wormhole eigenlayer bridge
are we bullish on eth again?