Solana gains 35% in Q3 but lags behind Ethereum
- —SOL rose 35% in Q3, ETH nearly 60%
- —The SOL/ETH ratio declined more than 13% over three months
- —DeFi Development Corp raised its reserve to 2.39 million SOL, up 55,491 SOL since August 27
- —The company raised $300 million through CHAD preferred shares
Why it matters: Growing corporate SOL reserves and developer activity could become a catalyst for catch-up gains versus Ethereum.
Source: AMBCrypto