Altcoins News

Story: Solana Gains Momentum: Could It Outperform Ethereum in Q4?

By MikeT

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Solana (SOL) has been grabbing attention in the crypto markets, with recent on-chain data and trading metrics suggesting the altcoin could outpace Ethereum (ETH) in Q4 2025.

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Capital Rotation Signals Shift from Ethereum to Solana

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Since early September, Solana has experienced significant on-chain movement, with its exchange supply dropping from 5.29% to 4.72%. This indicates that roughly 9.

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The shift is reflected in the SOL/ETH ratio, which spiked 8.66% over a week—the largest weekly jump since April 2025.

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Historically, Ethereum dominated altcoin flows, with returns exceeding 90% in the first half of 2025 and maintaining dominance above 15%.

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Transaction Fees Give Solana a Competitive Edge

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One of Solana’s key advantages over Ethereum and Bitcoin lies in its transaction efficiency.

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This cost efficiency is not only attracting retail traders but also encouraging institutional adoption.

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Daily Token Volume Reflects Rising Activity

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On-chain data corroborates the narrative of increasing SOL adoption. Daily token volume for Solana surged by 135% month-to-date (MTD), nearly ten times Ethereum’s 20% increase.

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The combination of rising volume, low fees, and accumulating off-exchange holdings indicates that Solana’s growth is being fueled by real user activity, not just speculative FOMO.

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Technical Indicators Support Bullish Outlook

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From a technical perspective, SOL has shown strength in recent weeks. The reduction in exchange supply suggests strong demand, while volume surges and price momentum point to a…

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Meanwhile, Ethereum’s growth has been steady but less dramatic. While ETH continues to post solid Q3 returns, it lacks the same level of low-cost transactional advantage, which…

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Looking ahead, Solana appears well-positioned to capitalize on the current rotation. The combination of cost efficiency, high network throughput, and expanding adoption supports…

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