Solana Co-Founder: Crypto Market Valuation Driven by Risk & Opportunity

Toly, co-founder of Solana, recently shared his insights on the cryptocurrency market’s current valuation trends. He believes that high valuations reflect the inherent risks and opportunities present within the sector. Toly predicts that the overall crypto market capitalization will continue to grow, eventually leading to a more equitable distribution based on revenue generation. This shift, according to Toly, will likely be achieved through a prolonged, challenging fight for market share dominance. Only blockchains with ambition to dominate the entire industry are likely to prevail in this intense competition.