The CEO of crypto exchange platform FTX says it has identified the most undervalued crypto assets.
new interview Crypto billionaire Sam Bankman-Fried says that along with Fortune, Ethereum (ETH) challenger Solana (SOL) is the most overlooked digital asset despite recent struggles. said.
“The most underrated token right now… I think the answer is Solana in a way. Basically, I think it’s had a lot of bad PR in a short period of time, so I think it deserves to be fair.
Technically, we had a lot of work to do, but I think we’ve already done two-thirds of it. I think we can get through the remaining third. [Solana] Any time you test the limits of what is possible, it’s time to figure out what’s broken. Any attempt to do what Solana did would break the blockchain.
It was a way of figuring out what needed to be refined and what needed to be improved. I wish the issue had been resolved soonerbut the basics of pushing the boundaries and seeing what is broken are what blockchain is trying to do now to grow. The question is whether there are any.
However, the CEO said his views on Solana are merely his opinions and should not be construed as investment advice.
Recently, the Solana ecosystem was hacked for $8 million after abusing a mobile crypto wallet tied to the blockchain.
SOL is trading at $40.39 at the time of writing, up 2.08% on the day.
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