Solana (SOL) Set to Emerge as Third Major Crypto Asset, Surpassing Bitcoin (BTC) and Ethereum (ETH), Predicts Franklin Templeton
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- Global investment giant Franklin Templeton predicts Solana (SOL) to become the “third major crypto asset” after Bitcoin (BTC) and Ethereum (ETH).
- The Solana network has seen significant increases in total fees and decentralized exchange (DEX) volumes over the past year.
- Solana is “uniquely qualified” to serve as the adoption point for several sectors in the crypto space, according to Franklin Templeton.
Franklin Templeton, a global investment firm, has predicted that Solana (SOL) is set to establish itself as the “third major crypto asset” after Bitcoin and Ethereum. The firm cites Solana’s significant growth and unique qualifications as key factors in its prediction.
Franklin Templeton’s Analysis of Solana
Franklin Templeton’s digital assets unit notes that the Solana network has witnessed significant increases in total fees and decentralized exchange (DEX) volumes in the past year. The firm expects this growth to continue as Solana’s network effects grow stronger and its network performance improves even more. Solana’s low fees, low transaction latency, and high data throughput relative to other networks are highlighted as its key strengths.
