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.