Jamie Coutts, an analyst at Bloomberg intelligence, has answered the question that many of us have been wondering about for a long time: Among the two most powerful Ethereum killers, which one would win the ultimate race; Solana or Cardano?
Jamie Coutts elaborates in a post on X that although Cardano commands a market cap of 75% of that of Solana, it has only 16% of the daily users of Solana.
This analysis builds a strong argument for Solana, proving that SOL will prevail over ADA in the ultimate race among these Ethereum killers. At the time of writing, Solana’s market cap is $18.3 billion while Cardano’s is $12.5 billion, as you can see below.
Jamie Coutts also provides a new analysis for Bitcoin (BTC). He demonstrates that “Bitcoin addresses that have bought twice and not sold hits new ATH 844k.” Evidently, these addresses also amount for 3 million bitcoins, or almost 16% of its circulating supply.
This shows that bitcoin investors are holding on to their BTC for the long-term, because they predict that Bitcoin ETFs will finally be approved by SEC and by then they will earn huge profits.
BNB technical price analysis Nov. 29
BNB recently demonstrated a resilient recovery, rebounding from the psychologically significant support level of 200 USD...