Sorare CEO Remains Bullish on Ethereum Despite Transition to Solana

Sorare CEO Nicolas Julia has expressed confidence in Ethereum’s future despite the company’s decision to migrate from the network to Solana. This move, described as an ‘upgrade’, is aimed at leveraging Solana’s scalability and increased user base for Sorare’s fantasy sports platform. Despite this transition, Julia highlighted the continued value of Ethereum, emphasizing its support through integration on Base and Ether (ETH) deposits. He noted that the decision to migrate reflects Sorare’s ongoing growth trajectory. 1inch and The Graph are just two examples of other crypto protocols which have recently made similar shifts in favor of Solana. While the company has seen significant success with their 5 million user base and $4.3 billion valuation, Sorare’s NFTs have also faced challenges due to a broader downturn within the NFT market. Julia remains optimistic about the future of blockchain technology and plans to explore other high-performance chains like Sui and Aptos for potential scalability improvements. He expressed confidence in Solana’s network stability despite acknowledging occasional outages.