Ethereum vs Solana: Bitwise CIO Says It's Still Undecided Which Valuation Approach Will Win
Bitwise CIO Matt Hougan says it's still unclear which valuation approach will win out between Ethereum and Solana. In an interview, Hougan noted that Ethereum is positioned on a monetary model while Solana is revenue-driven.
Hougan said it's 'indeterminate at this point' which approach will prove more valuable. He prefers to own both assets rather than pick between them.
Both Hougan and Head of Research Ryan Rasmussen took the over on an $8,000 ETH price target by 2030. They also spoke about a Bitcoin (BTC) target of $180,000 by 2030.
Rasmussen advised investors not to set bullish price targets on every crypto asset, noting that markets move slower than expected.