Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Why Pantera Capital is betting on Solana crushing Ethereum
ALTCOIN NEWS

Why Pantera Capital is betting on Solana crushing Ethereum

By Crypto FlexsJune 22, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Why Pantera Capital is betting on Solana crushing Ethereum
Share
Facebook Twitter LinkedIn Pinterest Email
  • Pantera Capital Endorses Solana Over Ethereum
  • Solana’s unique architecture enables faster, cheaper transactions.
  • Pantera is investing heavily in Solana tokens through the FTX auction.

Since its launch in 2015, Ethereum has been the largest blockchain capable of smart contracts and the second-largest cryptocurrency after Bitcoin. However, competition from efficiency-focused blockchains is increasing, potentially challenging Ethereum’s dominance.

According to Pantera Capital, the most likely competitor to take Ethereum’s place is Solana. Its unique architecture makes it highly scalable, and recent rapid user growth has further strengthened its case.

Why Pantera Capital is Investing in Solana

Pantera Capital, a famous cryptocurrency venture capital firm, announced the results of its analysis of the latest trends in cryptocurrency, including Solana. The report, released on Tuesday, June 18, also includes a section on Solana, pushing bullish claims for the token. In particular, the company likened the emergence of Solana and its challenge to Ethereum to Apple taking down Microsoft in its early days.

According to the report, Solana’s monolithic architecture optimizes all components of the blockchain, enabling faster and cheaper transactions compared to Ethereum’s modular structure. It also enables rapid innovation, making Solana more attractive to developers. Additionally, its architecture provides a better user experience without connecting multiple chains.

These factors have contributed to the significant growth of the Solana network. For example, Solana’s unique active addresses grew from 14,000 in October 2020 to nearly 1.34 million by mid-2024. Additionally, Solana accounted for 85% of all new tokens appearing on decentralized exchanges (DEXs) by May 2024.

Learn more

Pantera purchased Solana from FTX for more than $250 million.

These numbers no doubt contributed to Pantera Capital’s decision to make a significant investment in Solana. In May 2024, the company aimed to invest $250 million in SOL from the bankrupt FTX exchange.

FTX has a close partnership with Solana, serving as one of Solana’s largest validators and holding one of the largest investments in the token. The resulting collapse led to the collapse of SOL as investors saw the effect of FTX dumping all of its tokens. This caused SOL to fall to a low of $9 in December 2022.

Investments from companies like Pantera Capital, which purchased pegged tokens at a discount, contributed significantly to Solana’s eventual rebound. As a result, SOL is currently trading at $139.5.

On the flip side

  • In recent months, Solana has been plagued by downtime and transaction failures, which undermines its narrative as a scalable blockchain.
  • Most recently, Solana witnessed malicious validators exploiting users for profit through sandwich attacks.

Why This Matters

Pantera Capital has ample resources to significantly influence Solana’s price. Moreover, the analysis can influence other companies and traders to further increase SOL.

Learn more about Pantera Capital’s investment in Solana:
Have you found a buyer for FTX SOL? Pantera Capital Eyes $250 million tokens

Read more about the political connections of the province:
Did Mr. Kwon plan to escape to Montenegro before the Terra Luna crash?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

‘Fat Apps’ can lead the cryptographic story in the next few months.

September 11, 2025

Binance explodes 466m LUNC with oblivion: revival play or special effect?

September 4, 2025

Defi Surges, BTC Swings & Tradfi faces freezing: Daily encryption failure

August 28, 2025
Add A Comment

Comments are closed.

Recent Posts

Green Hood Contracts Thanksgiving Summary -Ackee Blockchain

September 17, 2025

BetFury Is At SBC Summit Lisbon 2025: Affiliate Growth In Focus

September 17, 2025

FED Mining’s Cloud Mining Platform Is Helping Users Earn $8,800 Per Day, And XRP’s Growth Is Driving Market Enthusiasm.

September 17, 2025

Stablecoin Holdings Drop As Investors Pivot To SOL, XRP, And Altcoins

September 17, 2025

Flipster Partners With WLFI To Advance Global Stablecoin Adoption Through USD1 Integration

September 17, 2025

Zircuit Launches $495K Grants Program To Accelerate Web3 Super Apps

September 16, 2025

Kintsu Launches SHYPE On Hyperliquid

September 16, 2025

New Cryptocurrency Mutuum Finance (MUTM) Raises $15.8M As Phase 6 Reaches 40%

September 16, 2025

How XRP Enthusiasts Can Earn $15k/Day

September 16, 2025

Bringing 1R0R To R0AR Chain Unlocks New Incentives

September 16, 2025

As the Air drop recipient is sold, the infinite price is 46% conflict after Binance listing.

September 16, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Green Hood Contracts Thanksgiving Summary -Ackee Blockchain

September 17, 2025

BetFury Is At SBC Summit Lisbon 2025: Affiliate Growth In Focus

September 17, 2025

FED Mining’s Cloud Mining Platform Is Helping Users Earn $8,800 Per Day, And XRP’s Growth Is Driving Market Enthusiasm.

September 17, 2025
Most Popular

5 Best Altcoins to Invest in Right Now April 4 – Bitget Token, Immutable, Nervos Network

April 5, 2024

Frax Launches Layer 2 Network Fraxtal with Partner Apps

February 8, 2024

Have fun with Money Corpse in Santa Mom Slots!

December 23, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.