Comparing Design Strategies and Trading Activities on Ethereum and Solana

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The chapter explores the design differences of Ethereum and Solana, highlighting Solana's retention of MEV and the increase in DEX trading volumes on Solana, especially on Jupiter. It discusses the differences in trading behaviors, stablecoin activity, and total value locked between the two networks, emphasizing the efficiency and capital dynamics of the Ethereum ecosystem compared to Solana.

SOL is currently trading at an 83% discount to ETH - should it be?

Michael Nadeau is a crypto analyst who can help us answer this question. His approach isn’t technical, he isn’t a decentralization-maximalist, and he doesn’t represent any specific tribe. Instead, he focuses on current on-chain fundamentals like daily active users, fee revenue, and Total Value Locked to provide insights.

In our discussion, we explore why fundamentals matter when analyzing crypto assets like ETH and SOL. We review the data for 2024 to see who’s winning and examine the catalysts for both ETH and SOL. Additionally, Michael shares his price predictions for ETH and SOL this cycle and offers insights on which asset will outperform the other in the second half of the bear market.

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