By coinnews 
While Bitcoin is frequently compared to gold, mathematician and The Big Bitcoin Book author Fred Krueger took a step further and compared Solana to silver.
Krueger wrote on X (formerly Twitter) on Apr. 22, “There is a second best to Gold. It’s Silver.” He added that among precious metals, gold occupies a 90% market share, followed by silver with a 9% market share.
“I do think Bitcoin will capture 90% of the market value,” Krueger said and added that Solana was quite undervalued at 3% as he expected it to reach one-tenth the value of Bitcoin.
As of now, Bitcoin occupies a market share of 60%, followed by Ethereum with a market share of 6.86%. With a market share of 2.53%, Solana stands far behind these top two cryptocurrencies.
So, why is Krueger so bullish on Solana despite it lagging behind? Well, a recent development in the blockchain industry points to a clue.
On Apr. 20, Nansen CEO Alex Svanevik highlighted on X how Solana briefly outperformed Ethereum in terms of staking market cap.
On the day, Solana’s staking market cap stood at $53.96 billion, followed by Ethereum with $53.77 billion. As of now, the staking market caps of Solana and Ethereum stood at $55.35 billion and $54.39 billion, as per Staking Rewards.
Note that Solana is frequently referred to as the “Ethereum killer” in the crypto community.
“Bitcoin is Gold. Solana is Silver. Who cares about the rest?” Krueger asked the crypto Twitter community. Whether Bitcoin and Solana will imitate the market dynamics of gold and silver remains to be seen.
As per Kraken’s price feed, Bitcoin was trading at $88,615.91 at press time. Meanwhile, Ethereum and Solana were trading at $1,630.40 and $140.41.