Solana Flips Ethereum? What SOL’s Price Would Be If It Matched ETH’s Market Cap

Solana’s been nipping at Ethereum’s heels for years—but what if it actually caught up? We crunched the numbers to see SOL’s potential price if it matched ETH’s market valuation. Buckle up.

The math isn’t pretty for Ethereum maximalists. At current supply metrics, SOL would need a 5-7x surge to rival ETH’s dominance. That puts its hypothetical price somewhere between $1,200 and $1,700 per token.

Of course, this assumes Ethereum stands still—which it won’t. The real question is whether Solana’s speed and lower fees can keep stealing market share while ETH struggles with layer-2 fragmentation. Typical crypto: solving last cycle’s problems while creating tomorrow’s.

Solana’s Price If Its Market Cap Equals Ethereum

Ethereum (ETH) has a market cap of about $222.33 billion. Solana (SOL), on the other hand, has a circulating supply of about 520 million coins.

Let’s assume that the number of SOL coins in circulation remains the same. In this scenario, the price of each coin will hit $427.56. SOL’s price will rally by about 189.69% if it hits the $427.56 target. Reaching $427.56 will also be a new all-time high for the asset.

When Will the Asset Breach the $400 Mark?

Solana (SOL) has displayed incredible strength over the last few years. The asset was among the best-performing cryptocurrencies of 2024. SOL’s price fell to below $10 after the collapse of FTX in 2022. Since its 2022 lows, the asset has hit multiple highs. SOL hit its most recent peak of $293.31 on Jan. 19 of this year. The asset’s incredible rebound over the last few years is a testament to its resilience.

According to Telegaon’s estimates, Solana (SOL) could breach the $400 mark in 2025 itself. The platform anticipates the asset to trade at a maximum price of $414.68 this year.

Changelly analysts are slightly bearish on SOL. The platform predicts SOL will breach the $400 mark in August 2027, about two years from now. Changelly anticipates SOL to trade at a maximum price of $403.75 in August 2027.