Is SOL Undervalued? 83% Discount to ETH? | Michael Nadeau

SOL is currently trading at an 83% discount to ETH - should it be?

Michael Nadeau is a crypto analyst who can help us answer this question. His approach isn’t technical, he isn’t a decentralization-maximalist, and he doesn’t represent any specific tribe. Instead, he focuses on current on-chain fundamentals like daily active users, fee revenue, and Total Value Locked to provide insights.

In our discussion, we explore why fundamentals matter when analyzing crypto assets like ETH and SOL. We review the data for 2024 to see who’s winning and examine the catalysts for both ETH and SOL. Additionally, Michael shares his price predictions for ETH and SOL this cycle and offers insights on which asset will outperform the other in the second half of the bear market.

------

✨ Mint the episode on Zora ✨

https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/32?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E

------

🐡 PUFFER | CHECK OUT PUFFER UNIFI

https://bankless.cc/PufferUnifi

------

BANKLESS SPONSOR TOOLS:

🐙 KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE

https://k.xyz/bankless-pod-q2 ⁠

🛞 MANTLE | MODULAR LAYER 2 NETWORK

https://bankless.cc/Mantle <