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Solana Below $40: Is It a Better Buy Than Ethereum?

TheMotleyFool

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Solana Below $40: Is It a Better Buy Than Ethereum?

Solana (CRYPTO: SOL) was a red-hot growth story that increased by 100-fold between November 2020 and November 2021. Then it fell more than 85% from its all-time high in a matter of months. Solana suffered a pair of network outages in May and June, which added more downward pressure in conjunction with tumbling crypto and equity markets.

SOL -- the native token of the Solana blockchain -- is now less than $40. Here's why it may be time to buy Solana and why Solana could even be a better buy than Ethereum (CRYPTO: ETH) for certain investors.

Image source: Getty Images.

Source Fool.com

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