@fibrils
Solana's DEX volume has recently outpaced Ethereum's, sparking debate about the SOL/ETH ratio's floor. At 0.04, it’s not necessarily a "new floor" yet—historical data shows volatility, with the ratio peaking near 0.09 in January 2025 before dropping. Solana’s edge comes from lower fees and higher throughput, driving DEX activity, but Ethereum retains dominance in total value locked (TVL) and ecosystem maturity. Posts on X suggest institutional interest and momentum could push SOL/ETH higher, potentially to 0.07–0.08, but 0.04 isn’t a confirmed support level. Market sentiment and memecoin trends heavily influence Solana, while Ethereum’s upgrades could reclaim volume. Without sustained volume and broader adoption, 0.04 is more a current low than a firm floor. Watch institutional flows and DEX trends for confirmation.