ARK Invest: Solana is the Future of the Crypto Industry

Cathie Wood, CEO of financial company ARK Invest, said that the future of the crypto industry, in her opinion, is connected with Solana (SOL). She substantiated her position at the Solana Accelerate conference, where she emphasized that one of the key trends in technology is the reduction of transaction costs and acceleration of mass adoption, which is exactly what the Solana blockchain contributes to.

"Follow the developers. They are the ones who show where the real innovation is happening," Wood said.

According to her, Solana was able to survive the bear market that began back in 2021, when most altcoins fell sharply in price. Over the past two years, meme tokens, NFTs, and DeFi projects based on SOL have not only survived, but also gained momentum. Solana's price has grown more than 10 times, and the project's market capitalization has exceeded $100 billion, which allowed it to gain a foothold among the top 5 crypto assets.

Wood also believes that Solana has a chance to overtake Ethereum (ETH) as a platform for digital assets. Although ETH remains the world's second-largest cryptocurrency, the analyst points out that its development is increasingly dependent on institutional investors, while Solana attracts primarily ordinary users. This makes the network more flexible, cost-effective, and fast-growing, especially in the face of high competition between blockchain platforms.

In 2025, the market is experiencing a downward correction, but Solana is showing relative stability. While Ethereum has fallen by 33% over the year, the price of SOL has grown by 4%, and over the past few months it has fallen by only 8% versus 25% for ETH. Despite the fact that Ethereum still maintains its leadership in capitalization, exceeding Solana three times, ARK Invest experts believe that long-term trends may change the balance of power.