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HELIUS LABS’s CEO Mert MUMTAZ bets short -term prices by betting on solana, which jumps 150% over the next five years.
“Solana is convinced that it will be an asset of $ 1 trillion and will be more than $ 500. It would be very surprised if Solana wasn’t $ 500 in five years. ”MERT tells the Hall of Flame.
“It seems to be rare varieties in encryption. But the horizon of time is 5-10 years. I really don’t care about what’s happening under it, ”he says.
Solana is traded for $ 200 at the time of publication, depending on CoinmarketCap.
Born in Turkey, Canada was announced, and now Dubai -based encryption entrepreneurs do not rule out the possibility that Solana’s price will surge beyond conservative predictions. “In the world where XRP is the third largest asset, it seems possible in anything,” he laughed.
It is amazing if he was not very optimistic in Solana, given that he was the best known SOL supporter in X and Helius Labs was a developer platform built for the Solana project.
MUMTAZ, who started Crypto as one of the first engineers at Coinbase’s Canada Office, was initially noticed by Crypto Twitter to defend Solana and sang all finance and English majors. Get the operation of the network.
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“They will continue to see how Solana has engineering defects, and he doesn’t know the engineering as well as the engineering of Solana,” he laughed.
“They will make a specific argument on how to be defective in the design, and I will not just say that it is not. It does something to do. ”
How did MERT MUMTAZ build X next X?
MUMTAZ has 203,200 X followers, but I admit that people are not sure why they follow him.
“I think that certain people are following me because they want to learn more about Solana, and I talk very often about Solana,” he says.
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He showed steady growth without a big spike for followers. It’s been consistent since he started his account in September 2020, he says.
“I have never seen a surge. It was always really consistent. Solana can get more followers when raising the price, ”he says.
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After about 5,000, after “very small”, a large account, such as the encryption influenza, tweeted about it, and “many followers” jumped.
But that time is over.
“If you get bigger, you need higher activation energy.”
What kind of content is Mert MUMTAZ?
MUMTAZ uses his X account to talk about serious things such as startup tips, passwords and marketing advice, but always smiles a bit.
“I like to have a little shit and have fun. Talk about Canada, be bald and joke, ”he says. “As long as you like to play well and fun, I don’t think it’s too hard.”
![](https://s3.magazine.cointelegraph.com/magazine/wp-content/uploads/2025/02/Screen-Shot-2025-02-10-at-2.45.25-pm.png)
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Despite his best love for Solana, he does not follow the group of Solana Maxis. He says he already knows everything to know about the network (he has one exception, but Solana founder Anatoly Yakovenko).
He is closer to the caught business grinder. “I follow the startup advice of people and other founders, and I get an idea of how the company builds and what I think,” he says.
He is also a content fan of Armani Ferrante, a backpack founder and shares regularly by Dan Smith of “Nice Data” Blockworks.
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His favorite account is startup archive.
Prediction of Mert MUMTAZ?
Beyond the $ 500 forecast for MUMTAZ’s Solana for the next five years, he believes that the cryptographic company that provides actual utility in the Donald Trump administration will be much better.
![](https://s3.magazine.cointelegraph.com/magazine/wp-content/uploads/2025/02/Screen-Shot-2025-02-10-at-2.53.28-pm.png)
![](https://s3.magazine.cointelegraph.com/magazine/wp-content/uploads/2025/02/Screen-Shot-2025-02-10-at-2.53.28-pm.png)
“The past regulation is just harming people who build real assets or stablecoin because they will do so anyway,” he says, “he says.”
MUMTAZ, an angel investor, says he is already receiving “many inbound” from a Stablecoin company, a payment railway company and a new asset company.
“I think the company that provides an option to pay at Crypto will go 10 times.”
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Siaran Lyon
Ciran Lyons is an Australian encryption journalist. He was also a stand -up comedian and a radio and TV presenter on Triple J, SBS and Project.