Ethereum-Based Altcoin Analysts Call the “Next Solana”

Crypto News

An emerging Ethereum-based altcoin is drawing comparisons to Solana’s early days, but one newcomer may surprise.

Every bull cycle results in breakout tokens that change market narratives and take centre stage in headlines. Investors were taken aback by Solana’s explosive growth in the previous cycle, which made it one of the most valuable altcoins. Analysts are now focussing on a project based on Ethereum that some have dubbed the “next Solana.” Its developer adoption, speed, and scalability mirror Solana’s initial course. Identifying such opportunities before they become widely known can yield exceptional returns for investors. At the same time, another surprising contender, MAGACOIN FINANCE, is gaining traction as an alternative narrative within the market.

Solana’s legacy and the comparison game

Solana’s success stemmed from speed and low costs, positioning it as a rival to Ethereum in performance-driven applications. Its thriving ecosystem of DeFi, NFTs, and consumer platforms proved that demand exists for high-throughput chains. The Ethereum-based altcoin now attracting attention is being measured against that legacy, with analysts pointing to similar developer enthusiasm and early adoption metrics. While no project can fully replicate Solana’s trajectory, the comparison highlights the hunger for new infrastructure tokens capable of scaling to mass-market use cases.

Why Ethereum-based ecosystems matter

Ethereum remains the largest hub for decentralized finance, but congestion and fees continue to push users toward layer-2 solutions and sidechains. This new altcoin builds on Ethereum’s security while offering performance enhancements, creating a bridge between reliability and scalability. For investors, this is a critical factor: it suggests that new infrastructure tokens can succeed without abandoning Ethereum’s trusted base layer.

MAGACOIN FINANCE: A presale rewriting expectations

While analysts debate Solana successors, MAGACOIN FINANCE is building a parallel storyline. Unlike many “Ethereum killers,” it isn’t promising technical revolutions, it’s promising cultural domination. With whale inflows accelerating and Telegram communities exploding in size, the project feels like a repeat of 2021’s meme coin breakout. Forecasts suggest MAGACOIN FINANCE could generate returns as high as 90x, giving investors a shot at generational wealth. Its audits add backbone, while its narrative adds firepower. Investors searching for the “next Solana” in price trajectory may find that MAGACOIN FINANCE delivers faster multiples thanks to its cultural gravity and scarcity mechanics.

Beyond comparisons: Risk and opportunity

Comparisons to Solana highlight how markets crave narratives of the “next big thing.” But history shows that fortunes are often made not by copying past winners, but by identifying new stories with unique momentum. The Ethereum-based altcoin under discussion may indeed deliver impressive returns, yet MAGACOIN FINANCE offers a contrasting narrative built on scarcity, community power, and legitimacy. Together, they highlight two sides of crypto investing: infrastructure growth and cultural momentum.

Conclusion: Two paths to upside

Whether the Ethereum-based altcoin fulfills its “next Solana” label remains to be seen, but its early traction is undeniable. At the same time, MAGACOIN FINANCE is carving out its own disruptive path, with forecasts of massive ROI and credibility reinforced by audits. For investors positioning for 2025, the takeaway is clear: the biggest opportunities often come from pairing infrastructure bets with cultural disruptors. Both stories have the potential to deliver, but MAGACOIN FINANCE is ensuring it won’t be overlooked.

To learn more about MAGACOIN FINANCE, visit:
Website: https://magacoinfinance.com
Access: https://magacoinfinance.com/access
Twitter/X: https://x.com/magacoinfinance
Telegram: https://t.me/magacoinfinance


This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related actions. Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned. Always do your own research.

Author

Reporter at Coindoo

Related stories



Next article

Source: https://coindoo.com/this-ethereum-based-altcoin-is-being-called-the-next-solana-by-analysts/

Məsuliyyətdən İmtina: Bu saytda yenidən yayımlanan məqalələr ictimai platformalardan götürülmüşdür və yalnız məlumat xarakteri daşıyır. MEXC-in baxışlarını əks etdirməyə bilər. Bütün hüquqlar orijinal müəlliflərə məxsusdur. Hər hansı bir məzmunun üçüncü tərəfin hüquqlarını pozduğunu düşünürsünüzsə, zəhmət olmasa, service@support.mexc.com ilə əlaqə saxlayaraq silinməsini tələb edin. MEXC məzmunun dəqiqliyinə, tamlığına və ya vaxtında yenilənməsinə dair heç bir zəmanət vermir və təqdim olunan məlumatlar əsasında görülən hərəkətlərə görə məsuliyyət daşımır. Məzmun maliyyə, hüquqi və ya digər peşəkar məsləhət xarakteri daşımır və MEXC tərəfindən tövsiyə və ya təsdiq kimi qəbul edilməməlidir.
Məqaləni Paylaşın

Bunları da Bəyənə Bilərsiniz

Pepe Coin Faces Competition From Layer Brett As Worldwide Media Call This ‘The New Pepe’

Pepe Coin Faces Competition From Layer Brett As Worldwide Media Call This ‘The New Pepe’

The post Pepe Coin Faces Competition From Layer Brett As Worldwide Media Call This ‘The New Pepe’ appeared on BitcoinEthereumNews.com. Pepe Coin (PEPE) has long been one of the most recognizable meme tokens in the space, but as September trading kicks off, cracks are showing in its foundation. After closing August in the red, Pepe Coin now sits around $0.0000096, caught in a descending channel and weighed down by bearish sentiment. Analysts tracking the charts point out that support at $0.0000086 is critical — if it breaks, a new all-time low could be on the cards. Meanwhile, global crypto media and trading communities are buzzing about a different name: Layer Brett, the Ethereum Layer 2 scalability solution and meme token hybrid rapidly approaching a $3 million presale milestone, with tokens still priced at just $0.0055. With staking rewards currently sitting at an eye-watering 900% APY, ultra-low gas fees, and viral momentum across social channels, Layer Brett is being framed as “The New Pepe” — but with a stronger foundation and far greater upside. Pepe coin (PEPE) struggles in September Technical indicators for Pepe Coin remain stacked against the bulls. The MACD has crossed into bearish territory, while the Awesome Oscillator signals sustained weakness. Key resistance levels loom at $0.000011 and $0.000013, but with overall market confidence dwindling, it’s difficult to see a path higher without a major sentiment shift. This is the double-edged sword of older meme plays: they can pump on hype, but once the euphoria fades, it’s hard to sustain growth without genuine innovation. On forums like Reddit and Biz, many traders are already admitting that Pepe Coin feels “tapped out,” with any upside capped by profit-taking. Why Layer Brett (LBRETT) is gaining “New Pepe” status Unlike Pepe Coin, Layer Brett isn’t relying solely on nostalgia or community memes. It has been purpose-built on Ethereum’s Layer 2 rails, meaning it can scale efficiently, cut gas fees down to…
Paylaşın
BitcoinEthereumNews2025/09/08 03:08
Paylaşın
On-Chain Data Reveals Critical Support Levels For Bitcoin Price — Details

On-Chain Data Reveals Critical Support Levels For Bitcoin Price — Details

The Bitcoin price has managed to stay above $110,000 over the weekend, and on-chain data shows that the premier cryptocurrency sits above three crucial support levels. Here are the critical levels to watch out for over the next few weeks. Where Are The Next Support Levels For BTC? On Saturday, September 6, prominent crypto analyst Ali Martinez took to the social media platform X to offer on-chain insights into the current layout of the Bitcoin price. This price evaluation, which revolves around the BTC UTXO Realized Price Distribution (URPD) metric, shows the next support levels for Bitcoin. Related Reading: Bitcoin Treasury Purchases Down Amid Record Holdings – What Does This Mean? The capacity for a price level to act as an on-chain support or resistance zone usually depends on the number of investors who have their cost basis at the given level. An investor’s cost basis refers to the actual price at which they purchased a cryptocurrency (Bitcoin, in this case). The relevant indicator here—UTXO Realized Price Distribution—tracks the amount of a particular cryptocurrency that was acquired at a specific price level. Typically, price levels below the current spot value with substantial buying activity are often considered as major support zones. Meanwhile, levels above the current price with significant investor cost bases usually act as major resistance areas. As shown in the chart above, $108,250, $104,250, and $97,050 are the next crucial support levels for the Bitcoin price. Data from Glassnode shows that nearly 432,000 coins were bought in the $108,250 zone, while roughly 401,000 coins were purchased around the $104,250 region. Meanwhile, 404,000 BTC were acquired around the $97,054 area. The rationale behind this is that investors with a cost basis around these price levels are likely to double down on their positions and purchase more coins. This increased buying activity will, hence, provide a cushion for the Bitcoin price to stay afloat and potentially bounce back. It’s worth mentioning that the next major resistance level for the Bitcoin price based on the URPD metric is around $116,963. Several investors (550,000 coins) around this level are likely to close their positions when the price returns to its cost basis, thereby putting downward pressure on the BTC price. Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $110,628, reflecting no significant movement in the past 24 hours. According to data from CoinGecko, the premier cryptocurrency is up by more than 1% in the past seven days. Related Reading: Strategy Expands Bitcoin Treasury: $450 Million Purchase Sends Total Holdings To New Highs Featured image from iStock, chart from TradingView
Paylaşın
NewsBTC2025/09/08 03:00
Paylaşın