Ethereum or Solana: Which Hits a New All-Time High First?

Goodbye “Red September” and Hello “Up Two Bar”. As the bullish atmosphere returns to the crypto market, traders appear to be aiming for risky assets along with Ethereum and Solana, beyond just Bitcoin. Altcoin Due to market capitalization, it is up 5% today. So, is traders most likely to place their bet next?

The month that traditionally punishes crypto investors would have achieved a 3.5% increase in total market capitalization, defiing the fate who predicted blood on the streets based on historical data. October has now arrived. Traders have historically called it “up-to-bar” because of their bullish performance. And the hunt for new positions continues.

Two of Crypto’s most important Altcoins are at the heart of fierce speculation as Permabulls hit the new, greatest table of all time. Ethereum and Solana, twin giants on the smart contract platform, are both within impressive distances from record prices. But which one gets there first?

The forecast market is talking and splitting.

On the one hand, Myriad users – Forecast market built by DecryptionParent company Dastan – for example, Ethereum at 62% chance reaches $5,000 and falls to $3,500, reaching the highest price ever before. It’s overwhelming confidence, reflecting simple mathematics. ETH needs less than 15% to reach new heights from its current price of $4,144.89. Interestingly, these odds have risen since last Friday when countless predictors gave ETH only 32% chances of reaching a new record price.

Solana tells a different story. Myriad traders set that sol at 52.4% it’s not By the end of this year, please mark a new all-time high. And this skepticism also makes sense. Solana sits at $210.95 and needs a 34.12% surge to reach its peak at $295.11. It’s a much steeper mountain to climb, exacerbated by uncertainty about whether the Solana ETF collided with Wall Street and whether the adoption of the facility has historically declined. These odds are heading in the opposite direction to countless Ethereum markets, with users previously likely to hit a new high two weeks ago on SOL 67% chance.

Ethereum vs Solana: What the Chart says

To figure out which coins will win the race, we turned to Fibonacci fans rather than the standard setback used by most traders. The differences are as follows: Retracement tells you the price level for Support and Resistance Live. Fans add time to the mix and project not only where the price goes, but when to get there.

Think of it as saying, “Coins should stop at this level.” Instead, fans say, “If the trend is kept, the coin should reach this level by this date.” In the race between two assets, the timing component changes everything. Fans draw diagonal trendlines from swinglows and create roadmaps that impose factors on both price targets and calendars.

Additionally, today’s charts are made up of weekly candlesticks instead of the usual daily candlesticks that we normally analyze. This allows for longer time frame research, reducing many price noise and gives a clear view of what will happen in a medium time frame a few weeks ahead.

Ethereum technology setup

The Ethereum charts scream opportunities, but there is a warning. The relative strength index (RSI) sits at 62. This is Goldilocks, showing strong momentum without approaching over 70 horrible bought territory. There is room for business craftsmen to run before they arrive.

A mean directional index (ADX) of 32 confirms that this is not just noise. ADX measures trend intensity regardless of direction on the 0-100 scale. Measurements above 25 indicate established trends. Over 40 indicates extreme power. The 32-year-old trader will say that Ethereum’s upward trend has a legitimate momentum behind it.

The moving average configuration adds another bullish layer. Ethereum’s 50-day index moving average trading exceeds the 200-day EMA, a sign of a strong bullish movement. In amateur terms, it means that the average price of a short-term ETH is traded higher than the average price in the long term. This setup usually provides support during pullback and there are multiple possibilities for buyers to join the dip.

But here is the wrinkle: the short-term trajectory shown by the dotted white trend line points is heading downwards. The broader trend remains bullish, but short-term price action can be seen either consolidated or minor pullbacks.

Fibonacci fans’ analysis suggests that ETH could hit an all-time high anytime between next week (if current momentum continues) and December (if things slow but trajectories exist). Once the track is cancelled and the ETH enters a heavy fix, the price will move towards the $3,000 line, allowing the bull to sweat.

Key Level:

• Immediate support for $4,000 (psychological),
• Strong support for $3,500 (visual support)
• $4,500 immediate resistance (support/resistance after August),

ATH Target: $4,954.

The steep mountains of Solana

Technical photos of Solana show that the coin is still looking for a groove. The RSI of 59 indicates healthy purchasing pressure. This is similar to ETH, but runs slightly cooler. Of even more concern is the ADX of just 17, well below the 20 threshold for directional movement. This suggests a choppy trendless trade rather than a high sustained push.

Low ADX measurements work like compression springs. The more you leave it compressed, the more explosive the final release. The squeeze momentum indicator shows a bullish state “off”, suggesting that the compressive phase may end and directional movements may begin. Sol outperforms both the 50-day and 200-day EMA, providing a foundation for the upside, even if the passes remain unstable.

Wildcard? Several ETF publishers have reported “high beliefs” that approval for the Solana ETF could come as early as next week. Bloomberg’s Eric Baltunas writes that the new Crypto ETF approval is “really 100%” thanks to the general listing standard. This is not part of the technical analysis, but it is important to consider as it could be an event that affects the market.

Fibonacci fans are predicting a wider time frame for Solana to reach all-time highs, no matter where he is from late October 2025 to February 2026.

Key Level:

• Immediate support: $200 (psychological),
• Strong support: $187 (Integrated Zone),
• Immediate resistance: $260
• Best target ever: $295.11.

verdict

Pure mathematics favors Ethereum. A 13.8% move simply beats 34.12%, and ETH’s excellent technical setup (Stogle ADX, better position RSI, tighter Fibonacci fan projection) strengthens this edge. In the most likely scenario, Ethereum will reach its highest ever first height within weeks if momentum applies. Of course, that’s exactly the short-term fix. It’s a correction.

However, Solana’s compression volatility and potential ETF catalysts create an asymmetric risk reward setup. History shows what happens when ETFS arrives. Bitcoin was spiked after approval in January. Ethereum elicited a massive institutional flow despite a mix of early emotions. If Solana wins the ETF moment next week, that 34% gap can close faster than the chart suggests.

This may be just a hopium, but there is a lot in the crypto market.