Solana ‘will be a trillion-dollar asset’: Mert Mumtaz
Mert Mumtaz, CEO of Helius Labs, believes Solana will see a 150% increase in value, reaching a trillion-dollar market cap and exceeding $500 within five years. Trading at $200 at the time of publication, Mumtaz downplays short-term price fluctuations, expressing confidence in Solana's potential. He acknowledges the unique position of Solana in the crypto space and has a long-term investment outlook, stating that he dismisses engineering criticisms of the network. With over 203,000 followers on X, Mumtaz shares insights on Solana, startup tips, and enjoys adding humor to his content. He foresees significant growth for US crypto companies offering real utility, projecting a 10X increase for crypto-based payment solutions. As an angel investor, he reports steady interest from startups in real-world assets and stablecoins, indicating a burgeoning interest in practical crypto applications.
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