• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Solana's Revenue Growth Sparks Interest Among Institutional Investors

Solana's Revenue Growth Sparks Interest Among Institutional Investors

user avatar

by Tomas Novak

2 hours ago


At the TOKEN2049 event in Singapore, industry leaders gathered to discuss the promising future of Solana, highlighting its potential to generate significant revenue and attract institutional interest. The material points to an encouraging trend: increased adoption and investment in the Solana ecosystem.

Solana's Revenue Projections

Experts such as Jason Urban from Galaxy Digital and Cosmo Jiang from Pantera Capital revealed that Solana's revenue could reach an impressive $2 billion annually. This projection is bolstered by a favorable regulatory environment, which has positioned Solana as a compelling choice for institutional investors looking for long-term opportunities.

Investor Sentiment on Solana

David Lu from Drift added to the conversation by suggesting that if Drift fails to outperform Solana, investors might want to consider holding onto SOL as a long-term investment. This sentiment underscores the growing optimism surrounding Solana's market position and its potential to deliver substantial returns in the future.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Ethereum Contributors Discuss Future Goals at TOKEN 2049

chest

Prominent figures from Consensys, Ethereum Foundation, and EigenCloud gathered at TOKEN 2049 to share insights on Ethereum's progress and future.

user avatarRajesh Kumar

OKX Confirms Continuation of BTC Futures Amid Speculation

chest

OKX has confirmed the continuation of its BTC futures despite market speculation, with no official announcements regarding discontinuation.

user avatarLucas Weissmann

Market Reactions to Trade Rush Competition Remain Uncertain

chest

Market reactions to the Trade Rush competition remain uncertain as commentary from industry leaders is still awaited.

user avatarBayarjavkhlan Ganbaatar

Hedera HBAR Sees Steady Growth Amid Network Adoption

chest

Hedera HBAR has climbed 3% in October, supported by increasing enterprise adoption and market activity.

user avatarFilippo Romano

MetaMask and LayerZero Generate Buzz with Airdrop Hints

chest

MetaMask and LayerZero are generating excitement in the crypto community with hints of upcoming airdrops, prompting increased user engagement and market activity.

user avatarEmily Carter

Private Credit Dominates Tokenized RWA Market

chest

Private credit has emerged as the dominant force in the tokenized real-world asset (RWA) market, accounting for 53% of all tokenized assets.

user avatarLi Weicheng

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.