Solana Token’s Rally Reflects Protocol’s Potential, Says Web3 Advocate
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The seemingly fundamentals-defying surge of Solana's native token, SOL, may reflect the project's potential rather than its current technical performance, according to Chris Zhu, the CEO of Sonic.
To support this assertion, Zhu highlights Solana's ecosystem growth despite recent outages. Solana's stress tests have led to upgrades and improvements, contributing to its optimistic outlook.
The rally of SOL serves as a testament to the resilience and development pace of the Solana protocol, showcasing the community's confidence in its future potential.
Source: news.bitcoin.com ↗
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