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Solana's rising on-chain activity boosts hopes for SOL to outperform Ethereum in Q4.

Protocol Fundamentals
05 Oct 2026
AMBCrypto
View Source
Bullish
Solana's rising on-chain activity boosts hopes for SOL to outperform Ethereum in Q4.

Solana has started Q4 with stronger on-chain activity, processing more spot DEX volume than Ethereum and its Layer 2s combined. This surge, driven by increased tokenization and stablecoin liquidity, suggests growing demand for Solana's network. If this momentum continues, Solana could narrow the performance gap with Ethereum and potentially break the SOL/ETH resistance level at 0.05, signaling a shift in market dynamics for Q4.

Solana trades at Rp2.148.830 with a slight 0.93% drop in the last day, while Ethereum holds a stronger position at Rp48.428.653, up 0.31% as of Oct 06, 2026 01:22 WIB. Despite Solana's recent surge in on-chain activity and DEX volume, Ethereum's market cap remains significantly higher at Rp5.904,69T compared to Solana's Rp1.255,49T. This contrast highlights the ongoing competition in the crypto space as discussed in the article.

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