Solana Has Potential To Be “Apple” Of Crypto

It’s been revealed that Solana has the potential of becoming the apple of crypto. Check out the latest reports about this below.

According to Raj Gokal, co-founder of Solana (SOL), the long-term outlook for the Ethereum (ETH) competitor at the layer-1 level is optimistic.

Gokal believes that Solana has the potential to establish dominance in the cryptocurrency industry, similar to how Apple dominates the consumer electronics market. This information was shared with TechCrunch+.

“Solana has the potential to be the Apple of crypto.

I think about Apple, having worked for close to a decade on latency for touchscreens to allow for the iPhone to come out and it just felt like magic.”

He continued and said this:

“There were a lot of things to be built on top of that platform to get the iPhone and App Store and app ecosystem to where it is today. But it all started with one relentless focus on a simple interaction that had to work perfectly.”

According to Gokal, Solana’s engineering team and the ecosystem is placing an Apple-like focus on user experience and performance to ensure that the network “feels like the regular internet, when it’s an entirely new financial internet.”

According to the co-founder of Solana, the layer-1 blockchain will prioritize growth in the future.

“The core thesis is going to be [focused on] new businesses, new projects, independent developers. We are still in an ecosystem and a community that is optimistic about what two developers in a garage can do.”

Former Goldman Sachs executive and macro expert Raoul Pal is bullish on Solana (SOL). His latest predicitons are all based on his interpretation of the technical analysis.

Pal says in this week’s Global Macro Investor (GMI) newsletter that SOL is “getting ready” for an upward move.

The macro guru says that Solana has undergone consolidation. This reportedly happened after completing a pattern that indicates a reversal from a bearish to a bullish trend.