On November 26, the founder of cryptocurrency exchange FTX, Sam Bankman-Fried (SBF), stated that Solana may become the largest decentralized financial platform in the process of direct competition with Ethereum.
In an interview with Kitco news, SBF stated that Solana’s unique basic technology for developing the DeFi protocol will also drive the price of its SOL tokens to soar. According to him, Solana can natively process millions of transactions per second, which is one aspect of the project’s advantage in the DeFi field.
In addition, SBF pointed out that the crypto sector will continue to experience collapses and bull markets, but several projects may survive. He said that with the expansion of blockchain technology, those encryption protocols and projects that can be adopted on a large scale will remain for a long time.