While the competition between Ethereum (ETH) and Solana (SOL) continues to be talked about in the cryptocurrency market, Bitwise CIO Matt Hougan said that Ethereum could overtake Solana in 2025.
Matt Hougan stated that Ethereum will surpass Solana by 2025 thanks to Layer-2 growth, artificial intelligence projects, and improved scalability.
Bitwise CIO noted that Ethereum’s reputation for being slow and expensive is beginning to fade, saying that ETH is making progress in scalability and user experience, and is competing with Solana, which has traditionally been known for its ease of use.
Hougan stated that Layer-2 networks in the Ethereum ecosystem increase the platform's attractiveness for both developers and users, and that they solve Ethereum's scalability problems and become competitive with Solana.
Hougan also highlighted projects such as Clanker and Virtuals, which are AI-focused applications developing on the Ethereum Base network, stating that these applications demonstrate Ethereum’s ability to support innovative, user-friendly solutions while maintaining its robust infrastructure.
According to Hougan, this change to Ethereum is crucial as it aims to combine institutional-grade reliability for ETH with improved accessibility for everyday users.
“If Ethereum can maintain its institutional reputation and improve its ease of use, 2025 will be a really good year for ETH.”
*This is not investment advice.