Key Takeaways
Pantera Capital holds $1.1B Solana as its largest investment, Dan Morehead told CNBC.
Solana named fastest blockchain, outperforming Bitcoin’s performance over the past four years.
Future blockchain competition will favor a few networks like Ethereum, Bitcoin, and Solana.
Pantera Capital holds $1.1 billion in Solana, with Dan Morehead calling it the fastest blockchain and key competitor.
Pantera Capital founder Dan Morehead revealed in a CNBC interview that the firm holds $1.1 billion worth of Solana (SOL). This marks Solana as Pantera’s largest single investment.
Morehead emphasized Solana’s role in the broader crypto market, describing it as the fastest and most efficient blockchain. He noted that Solana’s performance has exceeded Bitcoin’s over the past four years.
In his outlook, Morehead argued that public blockchain competition will not be dominated by one entity, nor will thousands of blockchains succeed. Instead, he expects only a few major blockchains, including Ethereum, Bitcoin, and Solana, to achieve meaningful success.
