Billionaire Backs Solana Amid Stir in Crypto Market

By: Isha Das

Former BitMEX CEO, Arthur Hayes, expects significant recovery and growth in Solana (SOL), a top crypto token amidst volatily in crypto market. Hayes's bullish prediction tend to coincide, as Solana stares at a fresh increase, defying the general crypto market struggle of Bitcoin and altcoins. Hayes stressed on Solana's potential as he remains optimistic about its recovery given Bitcoin price dips below $35,000. Despite fluctuations in Solana's market performance, the digital currency has displayed resilience. This assertion comes even as a GameStop tribute coin based on Solana plunged by 52%.