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Investor Who Predicted 2022 Crypto Bottom Says Top Ethereum Rival Could Explode by Over 2,500%

Chris Burniske, founder of Placeholder Capital and former head of crypto at ARK Invest, has expressed bullish sentiment on Solana (SOL), a leading Ethereum competitor. He predicts that an investment of $75,000 in SOL could turn into $2 million, based on the assumption that SOL will reach a price double its all-time high of about $260 recorded in November 2021.

Burniske also believes that Solana has various factors that give it an edge over Ethereum, including quiet product launches, upgraded functionality, lower fees, more throughput, and no hype. He recently predicted that Solana, Bitcoin (BTC), and Ethereum are unlikely to make new lows in 2023 and that their long-term uptrend will continue into the coming two years.

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