Analyst Predicts Solana Price Decline as Ethereum Gains Strength

The SOL/ETH pair has set new local lows, breaking through the lower boundary of the long-formed «Rising Wedge». This could lead to further price declines, according to analyst Yashu Gola from Cointelegraph.

In relation to the peaks observed in April, the SOL/ETH quotes have decreased by approximately 27%. The next target is set at 0.038, which is nearly 40% lower than the current levels, the expert emphasized. For the time being, support is provided by the 50-week EMA at 0.0628.

Solana’s positions are weakening amid declining interest in meme coins. The Pump.fun platform recorded unprecedented commission fees in the first quarter of 2025, but revenues have sharply dropped since April.

In a report from Standard Chartered, experts warned that Solana risks falling behind Ethereum if it cannot identify new growth avenues. Analysts believe that with layer-two scaling solutions and a more advanced infrastructure, Ethereum stands to benefit as interest in market speculation wanes.

Investor Alex Clay remarked that the «Ethereum dominance season» has already commenced, with the technical outlook suggesting further weakening for SOL.

On May 27, CoinDesk’s deputy editor Omkar Godbole noted that institutional investors have shifted their focus to Ethereum.