I've noticed an interesting phenomenon browsing the English blogger community: $ETH Maxi and $SOL Maxi are constantly at loggerheads. ETH mocks SOL for its low stablecoin adoption rate, while SOL mocks Tom Lee for his lack of knowledge and his ability to shill. It's quite amusing. But I personally have a point: the ETH vs. SOL rivalry ended long ago with the collapse of the "Ethereum Killer" narrative. Why?

I hold 50% each... I'm neutral.

It’s going up! Let’s go up together!

As stablecoins proliferate, they inevitably face two key demands: speculation and financial management. Without sufficient on-chain, large-scale speculation, these things can't achieve significant gains. If off-chain tradfi can provide sufficient demand for both, why would they be on-chain? I support neither, but given the current situation, it's safe to assume ETH is bearish in the long term.

Recalling the last wave of ETH exchange, many SOL guards were transferred from ETH.

Now I feel like I am betting on Wall Street's inability to understand the time window, and I am just being stupid. The crypto needs irrationality too much😄

There are a lot of people in tradfi who are just sitting there doing nothing. The reason is that they have never had much money in their hands. They just handle money without really understanding how money is made.

At the height of Trump's popularity, the number reached over 250. Many influential figures jumped ship en masse. I never expected that to be the highest point in nine months. Crowd enthusiasm is indeed a good indicator of short-term highs.

thorough!

If it weren't for this... Sol would have been easier to take off this time haha. The car is too heavy

Looking back, the timing for jumping ship was probably the short-term peak in the SOL/ETH exchange rate. ETH then continued its upward trajectory, and I could only pat my head on the back.