- Anthony Pompliano has changed his focus from Ethereum to Solana
- He believes that Solana could experience a large influx of investment
- In his opinion, Ethereum ETFs will be used to diversify the risks of Bitcoin ETFs
Anthony Pompliano, a prominent crypto market figure, paid special attention to Solana because of its advantages and likely promising future.
For this reason, he sold his Ethereum holdings to buy Solana last year. Despite this, he explicitly says that he is not a Solana maximalist.
However, he believes it is worth investigating now and that Solana “likely receive more flows.”
Regarding the growing dominance of Ethereum due to Ethereum ETFs, he expressed that this is a very significant point. But, in his opinion, Ethereum ETFs will primarily be used to diversify the risks of Bitcoin ETFs with a proportion of about ~70/30.
What Could Be the Reason for This View on Solana?
In fact, Solana is taking away positions from Ethereum on DEX and gaining popularity as more efficient, faster, and cheaper.
This is not only because it runs on the far more robust and performant Rust, but also because of its obvious initiatives to create convenient integrations and bridge the gap between the user experience of Web2 and Web3 financial solutions, such as integrations with X, as well as Apple Pay.
It may even be that Solana will take the place in relation to Ethereum as it has taken relative to Bitcoin, and Blockchain 3.0 will be the example of Solana.
Let’s monitor the development of the technical component, which largely ensures Solana’s effectiveness and, as a consequence, its growing dominance in the market.
