BILLIONAIRE DAN MOREHEAD REVEALS SOLANA IS HIS BIGGEST INVESTMENT
Speaking with CNBC, Dan Morehead, founder of Pantera Capital, emphasized that Ethereum and Solana will coexist in the long run, since the blockchain market is not a “winner-takes-all” game. Just like the internet has multiple major companies, there will be several key blockchains—not just one.
Currently, Solana is Pantera’s largest investment, with around $1.1 billion worth of SOL. Morehead described it as the fastest, cheapest, and highest-performing blockchain, even outperforming Bitcoin over the past four years. Solana processes 9 billion transactions per day—more than the entire traditional capital markets combined.
He predicted that in the long term, only a few major blockchains like Bitcoin, Ethereum, and Solana will remain, rather than thousands of projects. In the past, Pantera’s portfolio was 100% Bitcoin, later expanding to Ethereum, but today Solana is its largest position.
