Technical analysis by EXCAVO about Symbol ETH on 4/25/2025

In 2025, the competition between Ethereum and Solana is no longer just a rivalry — it’s a pivotal chapter in blockchain evolution.We are witnessing a clash of two philosophies:Ethereum — maturity, security, and deep ecosystemvs.Solana — speed, efficiency, and adaptability.📈 Price Resilience vs. Market LegacyWhile Ethereum still holds the crown in market cap and institutional trust, Solana is rewriting the rules with superior transaction speed and cost-effectiveness.The question is no longer "Who is better?"It’s "Who is evolving faster?"⚡ Key Drivers Shaping the Ethereum-Solana Rivalry1️⃣ Scalability vs. StabilitySolana leads with up to 65,000 TPS, attracting high-frequency traders, NFT creators, and DeFi innovators.Ethereum, relying on its Layer-2 solutions, tries to balance security with scalability.2️⃣ Institutional ShiftsFunds like Galaxy Digital and Ark Invest are reallocating capital towards Solana, betting on efficiency and growth.Ethereum, meanwhile, is waiting on ETF approvals to regain momentum.3️⃣ Technological InnovationEthereum focuses on sharding and Layer-2 expansion.Solana pushes aggressive ecosystem growth but pays the price with occasional network instability.📊 Market Performance Snapshot — 2025Ethereum: ▼ 56% YTD | ~$1,600Solana: ▼ 40% YTD | ~$135Solana’s DEX market share jumped to 39.6% in Q1, driven by meme coins and retail traders.Ethereum’s dominance continues to erode under macro pressures and rising competition.But don’t be fooled — Ethereum's foundation remains strong. Institutional adoption and infrastructure upgrades still offer potential for a rebound.📉 ETH/BTC Looks Like a MemeETH/BTC: SOL/BTC: Potential -50% in next 160 weeks ➡️ ETH/SOL: ⚡ Where Did the Liquidity Go?The real question isn’t why ETH is dropping —It’s why no one cares.Layer 2 solutions — Arbitrum, Optimism, Base — have drained liquidity from Ethereum’s mainnet.DeFi activity? → Migrated to L2Users? → Choosing lower fees and speedEthereum L1? → A blockchain for whales and archivesNo liquidity = No rallyNo narrative = No attentionFunds are betting on Solana and L2, not Ethereum’s base layer.🎯 When Could ETH Take Off?Only if we see:A strong “Liquidity Returns to L1” narrative (RWA could be a trigger)Spot ETH ETFs launching with institutional accumulationA new DeFi wave on L1 (unlikely with current gas fees)Or simply — when the market decides to pump forgotten assetsFor now, Ethereum is about patience.Smart money is flowing into L2, Solana, and high-risk narratives.🕒 But Time Will Tell...Today, we debate ETH vs. SOL.Tomorrow — the bull market ends, and we’ll be discussing entirely different narratives.Are you SOL or ETH?As always, stay one step ahead.Best regards,EXCAVO______________________________Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.Between Solana and Ethereum now I would choose EthereumI was rightETH +45%SOL +7%