Solana Co-founder: The total crypto market cap will continue to rise, and ultimately it will become a battle for blockchain market share.
BlockBeats News, December 5, Solana co-founder Anatoly Yakovenko stated on social media, "High valuations reflect both the risks and opportunities of the entire cryptocurrency industry. I believe the total market capitalization of the entire crypto market will continue to rise, but ultimately, it must be redistributed based on revenue. Achieving this goal will be a long and arduous battle for market share, and only those blockchains that compete with full effort and strive for ultimate victory will survive."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Strive urges MSCI not to exclude Bitcoin reserve companies
Data: A total of 1.4293 million UNI were transferred to a certain exchange, worth approximately $7.89 million.
A dormant address containing 1,000 BTC has just been activated after 13.1 years.
All three major U.S. stock indexes closed slightly higher.
