Last updated Nov 29, 2025
Sacks @ 00:04:48Inconclusive
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Solana, then the #8 cryptocurrency by market cap, will rise to approximately the #3 position in overall cryptocurrency market capitalization at some future point, even if it does not overtake Ethereum.
there's a lot of people, I'd say smart money in Silicon Valley who are betting on a flippening where Solana could ultimately overtake Ethereum as the preferred platform. But even if it doesn't overtake Ethereum, you know it's the number eight cryptocurrency right now. You know, it could go. There's a lot of people betting it'll go to number three or you know, what have you.View on YouTube
Explanation

Available historical data show that Solana has not yet reached #3 by total cryptocurrency market capitalization, but the prediction did not specify any time limit, so it still could occur in the future.

Key points:

  • Around the time of the podcast (late 2021), Solana climbed from the #8 region up to #4. For example, on Nov. 7, 2021, Solana surpassed Cardano and Tether to become the fourth‑largest cryptocurrency by market cap, behind only Bitcoin, Ethereum, and Binance Coin. (cointelegraph.com)

  • In later bull runs, multiple independent reports again describe Solana flipping BNB and/or XRP to become #4, not #3. Cointelegraph (Feb. 13, 2024) notes Solana overtaking BNB to become the fourth‑largest cryptocurrency by market cap. (cointelegraph.com) KuCoin and several other outlets report the same "4th largest" milestone in mid and late 2024 as SOL’s market cap surged. (kucoin.com) Coin Republic likewise describes Solana dethroning BNB to become the fourth‑largest crypto in November 2024. (thecoinrepublic.com)

  • As of late 2025, aggregate rankings of top cryptocurrencies by market cap still place Solana below third place. A late‑October 2025 snapshot (based on CoinMarketCap data) lists Bitcoin #1, Ethereum #2, Tether #3, BNB #4, XRP #5, and Solana #6. (es.wikipedia.org) Current live data from CoinMarketCap and similar trackers around November 2025 show SOL typically in the #6–#7 range, not near #3. (coinmarketcap.com)

  • Separately, institutional analyses (e.g., Franklin Templeton’s note) explicitly talk about Solana’s potential to become the third‑largest crypto asset, indicating that this is still viewed as a forward‑looking scenario rather than something that has already happened. (crypto.news)

Because:

  1. The prediction’s condition (Solana reaching approximately #3 overall) has not occurred so far, and
  2. The prediction is open‑ended with no deadline ("at some future point"),

we cannot say it is definitively right or wrong as of November 30, 2025. It remains unfulfilled but still possible, so the fairest assessment is "inconclusive (too early)" rather than "wrong."