Solana’s (SOL) potential is much more than Ethereum.
One of the most famous analysts in the cryptocurrency industry, The Crypto Dog, in a new statement to his hundreds of thousands of followers, shed light on a project that excites him much more than Ethereum (ETH) in the long run.
The cryptocurrency that the analyst drew attention to was Layer 1 blockchain network Solana (SOL). The analyst stated that there is a very serious team behind the project, stating that SOL broke a record in development even when the crypto money markets fell sharply.
The Crypto Dog emphasized that Bitcoin and Solana have advantages over Ethereum and that he thinks that in the long run, SOL and BTC can surpass ETH. According to the analyst, BTC is a better investment than ETH in the long run, while Solana has much more bullish potential.
In his statement on the subject, The Crypto Dog also emphasized that Solana is the most trusted among Layer 1 networks. Other Layer 1 focused cryptocurrencies include Binance’s own cryptocurrency Binance Coin (BNB), Ethereum co-founders’ projects Cardano (ADA) and Polkadot (DOT). Of course, although they fell out of favor, Cosmos (ATOM) and EOS were once quite ambitious in this regard.
Solana is backed by the FTX cryptocurrency exchange, just as Binance supports the BSC network, and The Crypto Dog’s comment may be based on it.
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