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Cathie Wood: Solana Is Winning Developers – and the Future

  • Cathie Wood highlighted Solana's momentum at Solana Accelerate, pointing out falling costs, rapid adoption, and high developer engagement.
  • Solana survived market cycles, including the 2021 fallout, and rebounded stronger. By July 2024, the network surpassed Ethereum in new developer activity.
  • Wood stated that Ethereum is becoming institutional, while Solana remains consumer-focused, agile, cost-effective, and quick to evolve.
  • She emphasized the importance of following developers to identify real innovation, indicating Solana's appeal to both real users and developers.

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