The cryptocurrency market is abuzz with excitement as Avalanche (AVAX) and Solana (SOL) prices surge over 7%, sparking optimism among investors. While Solana's price jump is attributed to the announcement of a potential ETF, Avalanche's steady rise is driven by its strong fundamentals and potential for long-term growth. According to Santiment, a leading on-chain analytics firm, Avalanche's price rally is likely to surpass Solana's in the coming days.

Solana's recent price surge is largely driven by the news of VanEck's filing for a Solana ETF with the SEC, which has ignited optimism among traders and analysts alike. However, Santiment suggests that this surge may be fueled by a Fear of Missing Out (FOMO) among traders, which may not sustain long-term growth. On the other hand, Avalanche's quieter rally may indicate a more sustainable growth pattern, driven by its strong fundamentals and potential for long-term growth.

Derivatives data for both cryptocurrencies also indicates further price rallies, with Avalanche Futures Open Interest rising nearly 5% and Solana's Open Interest jumping about 7% to $2 billion. While Solana's price has crossed the $150 mark, Avalanche's price has also seen a significant jump, exchanging hands at $27.96 after touching a 24-hour high of $28.29.

The contrasting dynamics between Solana and Avalanche's price rallies highlight the different market sentiments driving their growth. While Solana's surge is largely driven by speculation and FOMO, Avalanche's steady rise is driven by its strong fundamentals and potential for long-term growth. As the market continues to evolve, it remains to be seen which cryptocurrency will emerge as the winner in the long run.

In conclusion, the price rally of Avalanche (AVAX) is poised to outshine Solana (SOL) in the coming days, driven by its strong fundamentals and potential for long-term growth. While Solana's surge may be fueled by speculation and FOMO, Avalanche's steady rise indicates a more sustainable growth pattern. As the market continues to evolve, investors would do well to keep a close eye on these two cryptocurrencies and their potential for long-term growth.