The various indicators of SOL have now fully surpassed ETH, and the current hype around meme coins is still very strong. In fact, there is nothing particularly special about this; the market has been in this situation before, and in my view, there hasn't been much change in the market.
It seems that most people have lost hope in ETH, believing that Ethereum is not viable and that the Ethereum ecosystem is also failing.
But strangely, everyone seems to think other coins are doing well. Not to mention the hugely popular DOGE concept, coins like BONK, WIF, PEPE, and FLOKI have all seen significant increases. Even XRP, ADA, and EOS are being viewed positively by many.
I can understand the thoughts of those who say ETH is not doing well. However, I truly cannot comprehend why some people believe that ADA and EOS are better than ETH. Human sentiment is indeed complex and difficult to gauge; I cannot fathom it at all.
