News Report Technology
May 31, 2023

Solana’s Co-Founder Believes the SOL Blockchain Could Be the Apple of Crypto

In Brief

Solana is the crypto world’s equivalent of Apple, focusing on user experience.

Solana’s co-founder Raj Gokal believes that the Solana blockchain could become the Apple of the crypto universe, thanks to its robust emphasis on user experience. In a recent TechCrunch interview, Gokal drew parallels between Solana and Apple, citing Apple’s unwavering dedication to straightforward interactions as an inspiration for Solana.

Solana Blockchain: The Future of Crypto.

Gokal argued that just as Apple spent almost a decade perfecting touchscreen latency, which led to the refinement of the iPhone, Solana could become the Apple of crypto. He emphasized that it all starts with a relentless focus on a simple interaction that must function flawlessly.

He further explained that Solana seeks to replicate the normal internet with a blockchain-based network.

In its pursuit of delivering a user-centric and seamless web3 experience, Solana launched an Android smartphone named Saga in April. Saga is designed with blockchain applications in mind and comes with the Solana decentralized app store. It has a self-custody solution called ‘Seed Vault’, which uses biometric authentication and encryption to secure keys.

Solana Token

Saga’s launch has drawn attention to the Solana network’s native SOL token. This token has been on an upward trend since Apr. 1. This stands in stark contrast to other major cryptocurrencies like Bitcoin, which experienced a dip of approximately 2% over the same period.

Given this scenario, the renewed interest in the Solana project could benefit the token. Some analysts predict it might reach highs between $39 and $48 in the medium term.

  • The largest Solana NFT marketplace, known as Eden, has integrated Ethereum NFTs. Users can purchase NFTs in $SOL, $ETH, and fiat.

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In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Nik is an accomplished analyst and writer at Metaverse Post, specializing in delivering cutting-edge insights into the fast-paced world of technology, with a particular emphasis on AI/ML, XR, VR, on-chain analytics, and blockchain development. His articles engage and inform a diverse audience, helping them stay ahead of the technological curve. Possessing a Master's degree in Economics and Management, Nik has a solid grasp of the nuances of the business world and its intersection with emergent technologies.

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Nik Asti
Nik Asti

Nik is an accomplished analyst and writer at Metaverse Post, specializing in delivering cutting-edge insights into the fast-paced world of technology, with a particular emphasis on AI/ML, XR, VR, on-chain analytics, and blockchain development. His articles engage and inform a diverse audience, helping them stay ahead of the technological curve. Possessing a Master's degree in Economics and Management, Nik has a solid grasp of the nuances of the business world and its intersection with emergent technologies.

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