Will Solana Flip Ethereum This Year? Solaxy Promises 100x Gains

Ethereum has crashed hard in 2025, massively underperforming Solana – and this trend shows no signs of slowing down.

Ethereum has crashed hard in 2025, massively underperforming Solana – and this trend shows no signs of slowing down.

Will Solana flip Ethereum this year? While excitement builds about that possibility, smart money traders recommend Solana layer 2 'Solaxy' as a lucrative alternative, with some saying it could give 100x gains.

Ethereum Continues To Underperform Solana

Ethereum has been on a dream-crushing run since 2022, continually disappointing investors.

The 2022 Ethereum 'Merge' was the first event that failed to move the needle in any meaningful way. Later ecosystem developments, such as its 2023 Shanghai upgrade and the launch of spot exchange-traded funds (ETFs) in 2024, all failed to live up to investors' expectations.

Yet, despite these milestones, the price of ETH didn't cooperate. This indicates that while the ecosystem is maturing, it's doing so without increasing the token's value. Perhaps in its pursuit of scalability and accessibility, Ethereum forgot about one core value: coin utility.

After hitting a bear market low of $1,168 in December 2022, Ethereum today trades at $1,836, just a 59% increase. And unless investors took a full-sized position at the pico bottom, they're likely closer to breakeven or at a loss right now. It's not the bull market they were hoping for.

In comparison, Solana has been on a tear since its 2022 bear market lows. After bottoming at $9.8, it has rallied significantly, currently trading at $147, a 1,410% increase.

And this trend shows no signs of slowing down. Ethereum has lost almost 50% of its value since the beginning of 2025, while Solana is down just 21%.

Solana continues to show strength over Ethereum in terms of price data, so as prices rise again in the coming weeks, we could see $SOL return to its winning ways.

On-Chain Metrics Point To Solana Success

Right now, on-chain data tells us that crypto users prefer Solana over Ethereum.

In virtually every trackable metric besides DeFi total value-locked (TVL), Solana leads the crypto market. For instance, it has seen 84 million users in the past month, while Ethereum has seen just 6.4 million.

Meanwhile, Solana counts $20 billion in on-chain trading volume this week, a 14% increase from last week. In comparison, Ethereum has seen $11 billion in on-chain volume, a 2.5% decrease.

Another factor worth considering is that while Ethereum is worth $220 billion, Solana is worth $76 billion. Put differently, Solana has a lot more room for growth.

Analyst Angilo is one of many who believe that Solana will flip Ethereum. He described their relationship as the "most used blockchain vs a ghost blockchain."

$SOL is gonna flip $ETH eventually

Most used blockchain vs ghost blockchain

Which one you picking ?

— Angilo (@Angilo_crypto) August 18, 2023

Given Solana's strength against Ethereum, combined with supporting market data, it appears that Solana could well flip Ethereum this cycle.

But if that happens, it won't be $SOL that gives the biggest gains. Smaller market cap ecosystem plays will likely rally at a much faster rate. One of the most promising is Solaxy, the world's first Solana layer 2 blockchain.

Solaxy Tipped For 100X After Raising $32M At Presale

Solaxy has tasted more fundraising success than any other Solana presale in history.

The project has raised a jaw-dropping $32.9 million in its ongoing presale—almost two times more than Ethereum managed to raise in its 2014 presale.

And here's why: while Ethereum can manage 12 transactions per second (TPS) and Solana can manage 6,500 TPS, Solaxy raises the bar to 10,000 TPS. It brings unprecedented scalability to Solana, and that unlocks massive potential.

This heightened scalability means Solana can keep attracting more users and deploying new use cases without facing congestion, an issue that has troubled the network since its inception.

The $SOLX token is used for transaction fees, staking, and governance on the Solaxy blockchain, providing real utility and demand potential.

And it's not just investors who see value in this project. Expert analysts are also bullish. For example, Umar Khan from 99Bitcoins believes that the project could give 100x gains after listing on exchanges.

Investors can buy $SOLX at its presale price of $0.0