Cathie Wood Praises One of Ethereum’s Biggest Rival Coins

Ark Invest CEO Cathie Wood praised Solana (SOL), one of the best-performing altcoins recently.

Solana price after Cathie Wood’s interview this week More than 18% increase showed.

“Solana is doing a great job.” said Wood, “If you look at Ethereum, it was more popular than Bitcoin at the time. it was faster and cheaper. This is how Ethereum emerged. Solana is even faster and more affordable than Ethereum costly.” he commented.

Solana, which was hit hard by the collapse of FTX last year, has made rapid progress this year. According to CoinGecko data, SOL price in the annual term up 352%.

Grayscale Solana Trust shares rose last week With more than 800% premium The fact that it is traded indicates that institutional investors are also interested in SOL.

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