According to Odaily Planet Daily, Pantera Capital founder Dan Morehead stated that Solana is currently the firm's largest crypto position, with a total holding of approximately $1.1 billion, representing 23% of its assets under management. Morehead emphasized that the blockchain industry will not be a "winner-takes-all" landscape, and that only a single-digit number of mainstream Layer 1 platforms, including Bitcoin, Ethereum, and Solana, will survive.

He noted that Solana processes 9 billion transactions daily, exceeding the global capital markets combined, necessitating a wait for the "next best alternative." Morehead also predicted that Bitcoin could reach $750,000 in the next four to five years. Since Solana's current market capitalization is only 5% of Bitcoin's, it's expected to outperform Bitcoin in the long term.

According to other news, Pantera announced that day that it would jointly participate with Summer Capital in a private placement financing of Helius Medical Technologies, a Nasdaq-listed company, with a scale of over US$500 million to establish Solana Treasury. (TheBlock)