Helius CEO Mert Mumtaz has made an audacious declaration that is stirring discussions across the crypto 0 executive, known for his unwavering support of the Solana ecosystem, asserted that Solana will eventually overtake XRP in market 1 a daring twist, Mumtaz stated that if his prediction fails, he will use a pencil sharpener to shave his 2 remarks reflect a strong belief in Solana’s long-term fundamentals despite the network’s recent price decline and market volatility. Mumtaz’s Confidence in Solana’s Growth Mumtaz’s confidence in Solana stems from his direct involvement in the network’s infrastructure through Helius, a platform that powers blockchain tools for 3 has repeatedly highlighted Solana’s technical advantages and scalability compared to 4 recent headwinds, he maintains that Solana’s ecosystem will outpace XRP’s, both in innovation and market 5 statement comes at a time when Solana’s price has been under pressure, signaling a testing phase for long-term investors.
Solana’s Market Struggles and Price Levels As of press time, Solana trades at around $151.83 , marking a 5.54% daily decline and a 19.10% drop over the past 6 market capitalization stands near $84 billion, based on a circulating supply of 550 million 7 note that the asset has entered a critical technical phase.
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