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What is the next Bitcoin?
In an interview with Kitco, Sam Bankman-Fried stated that the future Bitcoin will be a blockchain with high throughput, similar to Solana and Avalanche.
Despite the fact that the Solana blockchain has yet to receive widespread use, it is quite possible that it will become the largest DeFi base layer.
Institutions and powerful investors are flocking to the Solana ecosystem, increasing demand and the value garnered by the cryptocurrency.
Analysts estimate that the SOL price will rise to $305 as the cryptocurrency continues to rise.
The next Bitcoin must be a blockchain capable of processing thousands of transactions per second. Because the Solana blockchain can execute 50,000 transactions per second, Sam Bankman-Fried believes SOL has the potential to become the next Bitcoin.
Analysts are optimistic about the price of Solana, predicting a climb to a new all-time high
During the Black Friday crypto massacre, the price of Solana fell below $200. The price of the cryptocurrency has rebounded from the loss and is now trading at $200 at the time of writing. Over the last two months, there has been a surge in institutional inflows and capital rotation into Solana.
