Sam Bankman-Fried Sees Growing Institutional Interest in Solana
- CEO of crypto exchange FTX likes Solana’s ‘long-term road map’
- Bankman-Fried has helped fund the development of Solana
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Solana, a challenger crypto network to Ethereum, is seeing more interest from institutional players, according to Sam Bankman-Fried, the founder of crypto derivatives exchange FTX.
The SOL token, which is linked to the network, has more than quadrupled in the past month. Solana bills itself as the world’s fastest blockchain and its website says the average cost per transaction is $0.00025.