Solana signals 40% failure versus ethereum among the cooling of Memecoin madness

Key results:

SOL/ETH broke below the growing wedge pattern, signaling a potential 40% decrease.
Solana Memecoin Revenue has collapsed since April, weakening its basic value proposal.
Solana standard warnings can achieve worse results because the L2 Ethereum ecosystem becomes more competitive.

Many years of salted (SOL) results compared to the native token Ethereum, Ether (ETH), lose their shoot, with technical division and weakening onchain’s activity indicating a potential rapid decline in the Sol/ETH pair of the next.

Sol enters the Klin failure stage

From May 29, the SOL/ETH pair confirmed the failure from the multi -position Klin, Bear pattern, which often precedes significant declines.

In technical terms, the wedge distribution usually causes a decrease in the maximum height of the pattern.

SOL/ETH Weekly price chart. Source: Tradingview

In the case of SOL/ETH, it displays the inheritance target for July, nearly 0.038 ETH, which is a 40% decrease compared to the current levels.

The 50-week interpretation average movable (50-week EMA; red wave) around 0.0628 ETH offers short-lived support. The decisive weekly closure below this level will probably confirm that the bears towards the target ETH 0.038.

On the other hand, the reflection could recover the lower line of the wedge trend as support, which can delay the failure scenario. Breaking over the upper trend line of the Klin will probably completely annul the 40% of the failure configuration.

Cooling memecoin frenzy tips on SOL/ETH failure

The division of SOL/ETH is in line with the evident decrease in the activity based on memecoin on salt.

The key indicator is Pump.Fun, the largest Memecoin launch platform on the network, which has a acute drop in revenues from daily fees from the beginning of April.

Daily fees increased in Q1 2025, but since then they have fallen to almost annual low, signaling of reduced speculative activity in the chain, According to To the Analytics dune.

*Pump.fun fee and chart of revenues. Source: Dune Analytics*

The platform was the main factor contributing to the enhance in Solana’s revenues, especially between December 2024 to March 2025.

During this period, total cumulative fees increased the passes of 3 million Sol, when retail traders flooded the network to start and trade meme tokens. Since then, these indicators have crashed, weakening one of the main Solana drivers.

The report of May 27 with the Khartered standard further strengthens the inheritance narrative. The bank warned that Solana could achieve worse results if she was unable to diversify outside of memecoins, which currently dominate their transaction activity.

*Decentralized volume of Solana Exchange. Source: Standard Khartered*

The Khartered standard said that Ethereum is gaining on scalable solutions of layer 2, which offer comparable fees and deeper infrastructure for applications in the real world.

Related: Ethereum flashes the signal “Altsason” as ETH price eyes 4.1,000 USD

Chartist Alex Clay He claims that “Ethereum exceeding the seasoning season” has already arrived, repeating trust in the statuesque of the wedge on Sol/Eth charts.

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.