Solana Soars 200% as Cathie Wood Calls it Faster and Cheaper than Ethereum
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Solana has gained nearly 200% in the last month, significantly outpacing other major cryptocurrencies like Bitcoin and Ether.
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Cathie Wood praised Solana for being faster and more efficient than Ethereum. She called it a major infrastructure player.
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Wood said Solana is capable of more real-world applications than Bitcoin due to its speed and cost-effectiveness.
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Solana reached new yearly highs, gaining over 17% after Wood's comments praising it over Ethereum.
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Wood said the market shouldn't get caught up in short-term Bitcoin ETF price action, but focus on its significance as “the money revolution.”