Pantera Capital Founder: Company Holds $1.1 Billion in SOL, Its Largest Position

BlockBeats News, September 16th, in an interview with CNBC, Dan Morehead, the founder of the crypto fund Pantera Capital, stated that Pantera Capital holds $11 billion worth of SOL on its books, making it their largest position.

Dan Morehead described Solana as the fastest and most high-performance blockchain, far outperforming Bitcoin over the past four years. Regarding the future competition among public blockchains, Dan Morehead believed that it would absolutely not be a monopoly nor would it be a situation where thousands of blockchains thrive together. He believed that successful public blockchains would only be in the single digits, such as Ethereum, Bitcoin, and Solana.