☝️The #Solana 🪙 blockchain has the capacity to further impact the market and be a preferable option to Ethereum.
This is what cryptocurrency market agents consider feasible, as they consider its massive use for the tokenization of real-world assets and stablecoins. This is a prediction, moreover, that supports the theory that emerged from its launch in 2017, when its potential to be a long-term competitor to the project created by Vitalik Buterin was highlighted.
At the Swiss crypto bank, Sygnum, they prepared a report in which they affirm that institutions less open to assuming risk positions would prefer Solana's scalability over Ethereum's security and stability features.
Solana: an economical and fast solution Positive comments about Solana support its preference among some important actors.
For example, Sygnum's report recalls that the payment processing company Visa recently integrated Solana's platform for the settlement of USDC, the stablecoin linked to Circle and whose value is linked to the dollar. There are also future plans to give it more solidity within the crypto universe.
This is the case of the announcement by the investment firm Franklin Templeton, which has among its next objectives the launch of a mutual fund in Solana and Sygnum. In other words, holders of significant liquid assets trust the company founded in 2017 by Anatoly Yakovenko to seek good returns in the stock market.
An important point in Sygnum's analysis is that the difference in market capitalization for cryptocurrency investment is still large compared to Ethereum. According to data from CoinGecko, the current gap is around $218 billion.
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