BitMEX’s Arthur Hayes abandons Solana and embraces leading altcoin Ethereum. The famous forecaster predicts a price of more than 2X for ETH amid market dynamics. With this move, Hayes stunned the crypto world.
Arthur Hayes switches gears from Solana to Ethereum
Arthur Hayes, co-founder of BitMEX, one of the leading names in the cryptocurrency world, recently made a big impact in the digital asset world with his comments about Solana and Ethereum. Meanwhile, Hayes shared the strategic change in his investments through his X account. Hayes “confessed” that he received a divine “message” during “meditation” urging him to part ways with Solana (SOL) and embrace “Archangel Vitalik” or Ethereum co-founder Vitalik Buterin by investing more in Ethereum (ETH).
Meanwhile, Hayes stated that this led him to abandon Solana and accumulate more Ethereum. In addition, the famous forecaster also made a bold prediction for the Ethereum price. Hayes said that the leading altcoin price will reach the $5,000 mark. The timing of Arthur Hayes’ move coincided with Solana’s remarkable rise in the market. This adds complexity to the unfolding drama. cryptokoin.comAs you follow from , SOL moved towards the $100 milestone today. At one point, it surpassed BNB in the crypto rankings and ranked 4th. However, this did not last long, after sales it fell back to 5th place.
Price performance comparison of two altcoins
The crypto market witnessed a bullish momentum today, as evident from the rise in major crypto prices. Meanwhile, at the time of writing, Ethereum price is up 3.66% to $2,290. Additionally, transaction volume increased by 8.22% in the last 24 hours, reaching 14.5 billion dollars. Notably, ETH price hit a low of $2,205 and a high of $2,294 in the last 24 hours.
On the other hand, Solana price witnessed a pump of 7.6% at the time of writing. Although the altcoin price rose to $99 during the day, it later lost altitude. However, he continues to fly high. This shows that investors have strong confidence in crypto. Meanwhile, the crypto’s trading volume also increased by 31.52% to $5.96 billion. Today SOL price reached a yearly high of $99.12 in the last 24 hours.
Meanwhile, as the crypto community grapples with the consequences of Arthur Hayes’ actions during Solana’s bull run, opinions differ. Some see this as a cause for confusion. Others interpret his Ethereum prediction as a potential catalyst for a rise in the leading altcoin’s price.
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