Ethereum Market Share Plummets as Galaxy Digital Invests in Solana

Galaxy Digital’s recent shift in investment strategy highlights growing doubts about Ethereum’s future. The firm swapped $106.5 million worth of Ethereum for Solana, a move that signals shifts in market sentiment and potential concerns about ETH’s current position within the crypto landscape. Ethereum struggles with declining institutional adoption, price fluctuations, and shrinking market share dominance while Solana gains traction thanks to its thriving DeFi ecosystem. This portfolio shift underscores a changing tide in the cryptocurrency market.