Solana could have more upside potential than Bitcoin and Ethereum.
Solana 's ( SOL 3.42% ) price has risen about 65% during the past 12 months. That rally was driven by its new exchange-traded fund (ETF) filings, its growing adoption among financial institutions, and network upgrades that drew in more developers.
But even after that substantial gain, Solana's price remains 27% below its all-time high of $294 from 2021. Let's see why it could revisit and exceed that record high during the next few years -- and why it might be the smartest cryptocurrency to buy with $1,000 right now.
What sets Solana apart from other cryptocurrencies?
Solana's eponymous blockchain uses the energy-efficient proof of stake (PoS) consensus mechanism to validate transactions. That makes it a compe