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Galaxy Founder: Solana is still seen as a blockchain network "born for the capital markets"

2025-12-11 10:48

Odaily Planet Daily reports that Galaxy founder and CEO Mike Novogratz stated at the Solana Breakpoint conference:

"As regulations become clearer, the industry has entered a phase where it must truly build products that users will actually use. The value of crypto assets is driven by both community and actual growth, and the narrative must be supported by real use and innovation. Solana, with its high-speed performance, is considered a chain 'born for the capital market,' and Galaxy's collaboration with Jump is also based on its capabilities in high-frequency infrastructure."

The crypto market has been volatile this year, but I remain personally optimistic. Just this year, one of Galaxy's clients completed a $9 billion Bitcoin sell-off, with early investors cashing in profits to diversify their portfolios. Meanwhile, a steady stream of new entrants continues to buy Bitcoin. My participation in conferences in Abu Dhabi over the past few days has further reinforced my optimism. The Abu Dhabi Financial Week brings together top investors from around the world, including many financial giants. Interacting with these industry leaders has further convinced me that the global wave of embracing blockchain and digital assets is accelerating, not slowing down.