Mike Novogratz Says This Crypto Is Set To Get The ‘Lion Share’ Of Financial Market Bounty Thanks To Its Speed, Processing Powers
Galaxy Digital Inc. (NASDAQ: GLXY) CEO Mike Novogratz, said in an interview aired Tuesday that Solana (CRYPTO: SOL) would capture the “lion’s share” of financial markets in the future.
Novograts Bets On Solana’s Speed
Appearing on Anthony Pompliano’s podcast, Novogratz shared his thoughts on the potential of the proof-of-stake blockchain.
“Solana is going to be one of the blockchains that gets the [lion’s] share of the financial market stuff because it’s kind of tailor built for financial markets,” he stated.
Novogratz called Solana as the “fastest” network currently and one that is poised to surpass even the likes of Ethereum (CRYPTO: ETH), owing to its speed and processing capabilities.
According to blockchain analytics firm Chainspect, Solana averaged around 950 transactions per second, in daily operations, far exceeding Ethereum’s 18 tx/s. Even its Layer-2 networks were …
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