After the price of Solana made a remarkable recovery from less than $10 in 2022 to nearly $300 by 2025, the possibility of it replacing Ethereum as the second largest cryptocurrency by market capitalization was raised. This has been further accelerated by the fact that the majority of decentralized finance (DeFi) volume appears to have shifted from Ethereum to Solana with the advent of SOL meme coin season.
However, this reversal has not yet occurred, with Solana price falling back below $100 and Ethereum retaining its position as the second largest cryptocurrency. This report explores how high Solana’s price would rise if it actually achieved Ethereum’s all-time high market capitalization, taking into account the possibility of a reversal.
Solana price with ATH market cap of $583 billion on Atheneum
Currently, after reaching an all-time high in 2025, Ethereum’s all-time market cap stands at $581 billion, while Solana’s is at $160 billion. Taking this into account, SOL would need to surpass a market cap of $581 billion to completely upset Ethereum.
Using data from the MarketCapOf website, it tells us how high the price of Solana would have to go to reach Ethereum’s all-time high market cap. The price was set at $1,022, an increase of 1,178% from the current price. This means that SOL is currently trading 0.8 times cheaper than the price of ETH.
But Solana’s dominance over Ethereum also extends outside of its DeFi activities. When it comes to real-world assets (RWAs), SOL has quickly established itself as a powerhouse and recently successfully surpassed Ethereum in number of RWA users. The number of users has grown to over 155,000 compared to ETH’s 153,000.
However, ETH is still the dominant chain when it comes to RWA volume. According to RWA.xyz, there are over $15.5 billion in real assets on Ethereum compared to $1.7 billion on the Solana blockchain.
To date, SOL is still far behind ETH. Despite the market decline, ETH still maintains a massive market cap of $246 billion compared to SOL’s $49 billion. ETH is the second largest cryptocurrency by market capitalization, while SOL is seventh.
Featured image by Dall.E, chart by TradingView.com
editing process for focuses on providing thoroughly researched, accurate, and unbiased content. We adhere to strict sourcing standards and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of the content for readers.
