Top Analyst Says Ethereum Rival Solana (SOL) Should Be Worth More, Believes Crypto Markets Wont Revisit Lows

Despite being bullish on smart contract platform Solana (SOL), a popular cryptocurrency analyst is strongly convinced that Bitcoin (BTC) is past the low point of the bear market.

A new YouTube video also features the anonymous host of InvestAnswers To tell His 443,000 subscribers show that current metrics understate Ethereum (ETH) competitor Solana.

If you compare Solana to Ethereum, technically they should be much higher on a relative value basis. Again, we look at the data here. We measure everything, that’s how we make decisions, nothing about emotions or how people feel or what religion or tribe they belong to. only.”

For Bitcoin, analysts say the flow of funds from institutions and the smartest capital allocators in the world shows that Bitcoin has already passed the bottom of its recent bear market. The host says he is 80-90% confident BTC will not revisit its recent lows.

Bitcoin is trading at $24,148 at the time of writing. The top-ranked crypto asset by market capitalization is down about 0.6% over the past 24 hours.

SOL is trading at $43.87 at the time of writing. The ninth-largest crypto asset by market capitalization is down more than 2.5% over the past 24 hours.

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