According to @RhythmicAnalyst, the SOL/ETH pair has begun a recovery bounce that was first indicated on Aug 9, highlighting a rebound phase in Solana’s relative performance versus Ethereum for pair-trade monitoring (source: @RhythmicAnalyst on X, Sept 2, 2025). No price targets, invalidation levels, or risk parameters were provided in the update (source: @RhythmicAnalyst on X, Sept 2, 2025).

According to Lookonchain, whale address 0x9e8b, who previously realized over $15M in profit on Hyperliquid, opened a 20x leveraged long of 141,611 SOL with about $30.75M notional and a 25x leveraged short of 6,698 ETH with about $30M notional. According to Lookonchain, this positioning reflects a relative-value view favoring SOL over ETH on Hyperliquid. Based on figures provided by Lookonchain, the implied entry levels are roughly $217 per SOL and $4,477 per ETH, which traders can use to benchmark PnL sensitivity and risk management.

According to @MilkRoadDaily, SOL still has room to run versus ETH, citing a potential spot SOL ETF and the DAT narrative as catalysts, and suggesting Solana’s ATH may be closer than expected. source: @MilkRoadDaily on X, 2025-08-23 https://twitter.com/MilkRoadDaily/status/1959269524433437161 U.S. issuers have filed spot Solana ETF proposals, including VanEck’s 19b-4 submission to list a Solana Trust on Cboe BZX in June 2024, placing the product into the SEC’s formal review pipeline. source: SEC EDGAR; VanEck 19b-4 filing (June 2024), sec.gov Under Exchange Act Section 19(b), the SEC can extend 19b-4 decisions up to 240 days from publication, creating known timing windows that traders monitor for potential volatility around deadlines. source: SEC Exchange Act Section 19(b) and Rule 19b-4 timeline, sec.gov A key risk is regulatory: the SEC previously alleged SOL is an unregistered security in its 2023 complaints against Coinbase and Binance, which could affect ETF outcomes and token classification. source: U.S. SEC v. Coinbase, Inc., Complaint filed 2023-06-06; U.S. SEC v. Binance Holdings Limited, Complaint filed 2023-06-05, sec.gov

According to the source, SOL logged 2.6B transactions in July, reported average monthly app revenue of $270M, and recorded zero downtime for over 500 days (source). The source adds that the market has not noticed these metrics, suggesting a trading edge for SOL relative to BTC and ETH (source).

According to @MilkRoadDaily, Solana (SOL) has historically run for months during bull markets, often doubling or tripling before cooling, with the most recent move rising from about $130 to nearly $300, and SOL is currently lagging while Ethereum (ETH) leads; the post adds that when SOL momentum returns, its moves tend to accelerate quickly (source: @MilkRoadDaily on X, Aug 12, 2025).

According to Pentoshi, traders are closely watching the SOL/ETH pair with the current SOLETH price at 0.07, as posted on May 18, 2025 (source: @Pentosh1 on Twitter). The discussion focuses on which asset—Solana or Ethereum—will outperform over the next 30 days. This SOLETH ratio indicates that Solana is currently valued at 7% of Ethereum’s price. For traders, a move above 0.071 could signal renewed Solana strength, while a dip below 0.069 may indicate Ethereum dominance in the short term. Monitoring the SOLETH ratio is crucial for crypto market participants seeking to optimize altcoin rotation strategies and manage exposure to large-cap assets.