News Report Technology
May 31, 2023

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

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

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.

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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Disclaimer

Any data, text, or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results.


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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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