📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
Unexpected Statement from Swiss Investment Giant Official: "Yes, Ethereum has risen greatly, but this altcoin will go even further!"
Although in the last month the Ethereum price has shown almost twice as fast an increase compared to Solana, this superiority may not be permanent.
According to Adrian Fritz, the research director of the Switzerland-based asset management company 21Shares, Solana has greater long-term return potential.
Fritz acknowledged that Ethereum is the most secure and decentralized smart contract platform, while he stated that Solana, as a smaller project, has more room for growth. Noting that the developer community in Solana is continuously aiming for better performance, Fritz said, "Ethereum seemed to be sitting on a throne and looking down on other Layer-2 projects. Therefore, they became a bit lazy. Solana, on the other hand, exhibits a much more commercially focused structure."
Fritz believes that ETH, which ranks second in terms of market capitalization, could see a new all-time high this year, but it will likely remain well below the expected $10,000 level by some analysts. In contrast, he predicts that Solana will reach $337, an increase of 89% from its current level of $178. Fritz stated that Solana is gradually approaching the status of a "blue chip altcoin."
Robinhood's plans to develop an Ethereum-based Layer-2 scaling solution stand out as a remarkable development in terms of showing that traditional finance could adopt Ethereum as a global consensus layer. On the other hand, Kraken's development of tokenized stock products named "xStocks" on Solana is also an important step for Solana.
Fritz, while acknowledging that Solana has a more centralized structure compared to Ethereum, stated that it is much more advantageous in terms of speed and transaction cost: "In transaction-oriented applications, many institutions tend to prefer Solana."
However, Fritz pointed out that many traditional investors still do not understand Solana well enough, saying, "There are still many people who ask me, 'Is it just for memecoins?'" According to Fritz, the intense activity in Solana due to the memecoin launched in January with the name of U.S. President Donald Trump demonstrated that the network could become a serious trading platform on a global scale.