Seven-time NBA All-Star Scottie Pippen ignited a debate on social media Saturday by asking his more than 658,000 followers to choose between Ethereum and Solana. The question inspired over 4,000 responses, with many suggesting Bitcoin and Cardano instead.
Pippen’s tweet, “ETHEREUM or Solana?”, sparked a significant reaction from the crypto community. Users offered various opinions, with some emphasizing Bitcoin while others leaned toward Cardano.
This social media stir follows Pippen’s launch of his NFT collection, the Scottie Pippen SP33 NFT, which holds a floor price of $42.13. The collection includes 1,000 minted NFTs with a total market cap of $42,130.
As blockchain technology gains traction, more celebrities like Pippen are getting involved. His engagement in the crypto debate highlights the growing interest in digital assets among public figures.
While it remains uncertain which blockchain Pippen will support, his participation is likely to heighten interest within the crypto community.
## Solana: Bullish Trends
Solana has surged by 20.8% in the past seven days and 3.6% daily. Technical analysis shows an ascending triangle pattern, signaling a potential breakout.
Resistance stands at $193.92, with support around $141.68. Predictions for SOL by the end of 2024 range between $250 and $300, indicating strong recovery and resilience.
Solana’s high throughput and low transaction fees, enabled by its Proof-of-History consensus mechanism, allow it to process up to 65,000 transactions per second. Its current price is around $176, with a market cap of $81 billion.
## Ethereum ETF Speculation Propels Price Gains
Ethereum has seen price gains, driven by speculation over the potential approval of an Ethereum ETF in the U.S. The price stands at $3,496.61, rising by over 42% in 2024 and 17% in the past 14 days.
Discussions about Ethereum ETFs have involved firms like VanEck, Valkyrie, and Grayscale submitting applications to the SEC, boosting investor confidence.
Ethereum’s price remains below its all-time high of $4,878.26 from November 2021. However, the ongoing developments and ETF speculation continue to drive optimism about its long-term prospects.
