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Can Solana Reach $1,000?

TheMotleyFool

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Solana (CRYPTO: SOL) has always been something of a little sibling to the bigger Ethereum (CRYPTO: ETH) blockchain. It was started later, has fewer high-value projects, and just isn't as mature in its development.

But over the last six months, Solana has become a force to be reckoned with. The Phantom wallet, Solana's most popular crypto wallet, has more than 2 million users just six months after it was launched. Its Magic Eden marketplace facilitated 4.6 million non-fungible token (NFT) transactions in 30 days ending in early March, and hundreds of millions of dollars in investment is flooding into the blockchain. So, what would it take for Solana to jump to another level?

Image source: Getty Images.

Source Fool.com

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