Solana’s market cap could reach 50% of Ether’s due to its superior transaction throughput, according to asset management giant VanEck.
Optimism is returning for crypto investors and altcoin holders after asset management giant VanEck predicted that Solana’s price could top $330, driven by the blockchain’s scalability and throughput.
But in a worrying development for decentralized finance (DeFi) and privacy-preserving technologies, Tornado Cash co-founder Roman Storm will face a criminal trial for developing the code of the non-custodial cryptocurrency mixer after a judge denied his motion to dismiss the case.
A Sept. 25 report from VanEck predicts that Solana (SOL) could reach $330 and balloon to 50% of Ether’s (ETH) current market capitalization driven primarily by Solana’s superior speed and transaction processing metrics.
