After the worth of Solana made a exceptional restoration from lower than $10 in 2022 to almost $300 by 2025, the potential of it changing Ethereum because the second largest cryptocurrency by market capitalization was raised. This has been additional accelerated by the truth that nearly all of decentralized finance (DeFi) quantity seems to have shifted from Ethereum to Solana with the appearance of SOL meme coin season.
Nevertheless, this reversal has not but occurred, with Solana value falling again under $100 and Ethereum retaining its place because the second largest cryptocurrency. This report explores how excessive Solana’s value would rise if it truly achieved Ethereum’s all-time excessive market capitalization, bearing in mind the potential of a reversal.
Solana value with ATH market cap of $583 billion on Atheneum
Presently, after reaching an all-time excessive in 2025, Ethereum’s all-time market cap stands at $581 billion, whereas Solana’s is at $160 billion. Taking this into consideration, SOL would want to surpass a market cap of $581 billion to fully upset Ethereum.
Utilizing information from the MarketCapOf web site, it tells us how excessive the worth of Solana must go to achieve Ethereum’s all-time excessive market cap. The value was set at $1,022, a rise of 1,178% from the present value. Which means that SOL is at present buying and selling 0.8 instances cheaper than the worth of ETH.
However Solana’s dominance over Ethereum additionally extends exterior of its DeFi actions. With regards to real-world belongings (RWAs), SOL has rapidly established itself as a powerhouse and not too long ago efficiently surpassed Ethereum in variety of RWA customers. The variety of customers has grown to over 155,000 in comparison with ETH’s 153,000.
Nevertheless, ETH remains to be the dominant chain on the subject of RWA quantity. In keeping with RWA.xyz, there are over $15.5 billion in actual belongings on Ethereum in comparison with $1.7 billion on the Solana blockchain.
So far, SOL remains to be far behind ETH. Regardless of the market decline, ETH nonetheless maintains a large market cap of $246 billion in comparison with SOL’s $49 billion. ETH is the second largest cryptocurrency by market capitalization, whereas SOL is seventh.
Featured picture by Dall.E, chart by TradingView.com
