Why Cathie Wood Believes Solana Could Outpace Ethereum?

Amidst its impressive price rally, Cathie Wood, CEO of ARK Invest, praises Solana

She highlights the blockchain protocol's efficiency and cost-effectiveness, giving tough competition to its rival Ethereum

Following these comments, Solana's native token SOL extended its monthly rise to nearly 200%, eyeing the $100 target after Wood's remarks

Wood also believes that Solana's efficiency has the potential to outpace Ethereum in terms of speed and cost-effectiveness

Despite regulatory challenges, Wood is optimistic about the future of cryptocurrencies and projects a $25 trillion market by 2030.