Sam Bankman-Fried of FTX offers advice for this altcoin

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According to the CEO of cryptocurrency exchange FTX, there is one altcoin that has the potential to beat Ethereum. Investors might make a lot of money if this project is scaled up. What exactly is this altcoin?

Sam Bankman-Fried, a crypto billionaire, recently talked about what it takes for cryptocurrencies to attain global attention. According to him, the cryptosphere must be scaled in order for at least 15% of the world’s population to migrate to regular use of blockchain and cryptocurrencies.

It will be possible to reach the same level of popularity as social networks and produce millions of transactions per second in this situation.

The altcoin Solana (SOL), in his perspective, has similar strength. It’s a blockchain with a scalability focus. It offers excellent security and complete project decentralization. This project has the potential to circumvent Ethereum in the future.

According to the FTX CEO, Solana can manage billions of transactions from users all over the world. It’s a massive ecosystem that supports DeFi apps. Her future appears to be promising.

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