Could Solana dominate the blockchain similar to how Apple macOS did? SOL price upside potential is still very strong.
According to a report by Pantera Capital, the growth potential of Solana Blockchain is extremely large and this fund believes that if previously Ethereum had a market share of ~80%, Solana is catching up to the market share very impressively. This chase is similar to Apple's breakthrough against Microsoft in the early stages of the PC market.
Experts believe that blockchain money and users in the near future will only focus on a few prominent ecosystems. And of course there will be Solana among them. Here are some reasons that Pantera Capital has such strong faith in Solana:
1. Monolithic structure: Helps users experience synchronization, without having to struggle between components like Modular framework. In addition, there is faster innovation creation as well as reduced security risks
2. On-chain data: On-chain parameters show that the Solana network has impressive growth from 2023 to present.
Solana has always been a Blockchain with high performance and a large community. If it continues to maintain its performance and create many hot stories like in Q1/2024, SOL price could increase sharply and motivate financial institutions to launch Spot Solana ETF.
