Founder and CEO of leading cryptocurrency exchange FTX Sam Bankman-Friedshared a crypto asset that he believes is undervalued.
The crypto billionaire CEO, in a new interview with Fortune, is an Ethereum (ETH) rival. wither(SOL) is a crypto asset that has escaped attention despite the problems it has been grappling with lately.
“Technologically, there’s a lot to work on, but I think it’s already over two-thirds. I think it will outlast the other third, and what people miss about Solana is that every time you test the limits of what’s possible, it’s when you realize what’s broken. It wouldn’t have ended so well if any other blockchain tried to do what Solana did.
It’s an important way for him to understand what needs to be preserved and what needs to be improved. I wish the problems were fixed sooner, that would have been much better… But a fundamental thing to push the boundaries and see what breaks are what blockchains must try to do right now in order to grow.”
However, the CEO also underlined that his views on Solana are only his own opinion and should not be taken as investment advice.
Hackers recently connected to Solana blockchain mobile crypto walletsIt emptied it and caused damage close to $8 million.
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