So, guess what? Dan Morehead, the big shot over at Pantera Capital, pops up on CNBC’s Squawk Box like he’s got the secret to cryptocurrency success. His main gig? Blabbering on about Solana, calling it the fastest-growing and most efficient blockchain out there. Yeah, okay, Dan, we get it. Solana’s the hot new thing, but let’s not forget it still hasn’t fixed the whole “crashing” thing.
Dan Morehead Says Solana’s “The Best” (Spoiler: He’s Probably Right)
Alright, so Morehead gets on the airwaves and drops this bomb: Solana can handle nine billion transactions a day. That’s more than all capital markets combined. So, it’s like saying Solana could do your laundry, cook your dinner, and walk your dog-all at once. But really, who’s keeping track? Solana’s definitely moving, but don’t count out the other players just yet.
In case you didn’t catch that, Morehead also casually mentions that Pantera holds $1.1 billion in Solana (SOL). That’s a lot of coins, folks. And guess what? He says it’s outperformed Bitcoin in the last four years. I mean, sure, if you think trading a coffee for a Tesla is “better performance,” you might agree.
But let’s not kid ourselves, Morehead’s not just here for Solana’s glory. Oh no, he’s also dropping knowledge bombs about Ripple. Yeah, the same Ripple that’s supposedly going after SWIFT like some digital Robin Hood. Morehead thinks that’s the future, but who’s really going to dethrone the banks? I mean, sure, Ripple’s faster and cheaper than SWIFT-but is it more reliable? Only time will tell.
Ripple’s SWIFT Obsession (It’s Getting Weird)
Remember when Ripple’s CEO, Brad Garlinghouse, said SWIFT’s infrastructure is “outdated” and “inefficient”? Yeah, because calling out your competition for being ancient always works out in the end. But hey, Ripple’s faster, cheaper, and apparently more transparent. Great, right? Too bad you can’t spend that transparency in a Starbucks.
Ripple’s idea of taking over SWIFT is like trying to take the crown from the king, but is it really a “crown” if it’s held together by duct tape? Morehead thinks Ripple’s got its eyes set on global payments, and who knows? Maybe they’ll succeed. But you can bet SWIFT’s not gonna just roll over and let them waltz in.
Morehead’s Big Bitcoin Prediction (Hold on to Your Hats)
So, Morehead’s also got a crystal ball and it’s saying Bitcoin is going to hit $750,000. Yeah, you read that right. He thinks Bitcoin could reach $750K in the next four to five years. I mean, why not? At that price, Bitcoin would be worth $15 trillion. Not bad, huh? Morehead’s talking like we’re about to witness the crypto apocalypse, but with champagne and private jets instead of fire and brimstone.
He even goes as far as to say that public blockchains won’t have just one king of the hill, but only a few giants-like Ethereum, Bitcoin, and Solana. No small fry here. You want to succeed in the blockchain world? You better have deep pockets and a good PR team.
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2025-09-16 14:09