Editor's PiCK

"Solana Surpasses Ethereum"... Past Remarks by Nominee for Crypto Czar in Focus

Source
Doohyun Hwang

Summary

  • David Sacks expressed his confidence in Solana, stating that "Solana will eventually surpass Ethereum."
  • His remarks, as he might handle crypto policies, are expected to influence the price rise of Solana.
  • Currently, Solana is trading at around $239, up 2.1% from the previous day in the Binance Tether market.

Past remarks about Solana (SOL) by David Sacks, co-founder of Craft Ventures, are gaining attention again. This is because Donald Trump, the President-elect of the United States, has nominated him as the 'AI and Crypto Czar.'

Sacks appeared on the podcast 'Pupsi Clipsi' in 2022, expressing his confidence in Solana by stating, "I did not sell Solana even after the FTX incident." He further added, "Solana will eventually surpass Ethereum (ETH)."

His remarks, as he is expected to handle crypto-related policies in the U.S. government, are likely to fuel the price rise of Solana. On the 5th (local time), Solana is trading at around $239, up approximately 2.1% from the previous day in the Binance Tether (USDT) market.

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Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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