Solana signals 40% crash vs. Ethereum amid cooling memecoin craze

Solana’s reliance on memecoins threatens long-term growth as Ethereum gains strength through layer-2 expansion.

Key takeaways:

SOL/ETH has broken below a rising wedge pattern, signaling a potential 40% decline.

Solana’s memecoin revenue has collapsed since April, weakening its core value proposition.

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