In a new episode of the Empire podcast the former Partner at ParaFi Capital, Santiago Santos, discussed his views on the potential for Solana's market capitalization to outshine that of Ethereum in the next market cycle. Santos' outlook is influenced by his prediction of increased capital flowing into the crypto ecosystem and a greater allocation of funds toward Solana. Leaving Ethereum behind.
Santos propose that a surge in investment in Solana has the potential to facilitate the altcoin overtaking Ethereum in terms of market capitalization. The ex-ParaFi Capital partner explains that there doesn't necessarily need to be an overall increase in the crypto market capitalization. He suggests that a rotation of capital from Ethereum and its associated Layer 2 protocols to Solana and the SOL ecosystem could be a driving force behind this transformation. Santos mentioned that he estimates the likelihood of SOL surpassing ETH to be around 25%. He even considered selling all his Ethereum and acquiring SOL tokens instead. Because the Web3 investor is resolute in his belief that Solana will outpace Ethereum in the coming time.
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Santos predicts Solana surpassing Ethereum
By babesugarbunny | The Bunny world crypto flash news | 5 Dec 2023
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