Authur Hayes, co-founder and former Chief Executive Officer (CEO) of cryptocurrency exchange BitMEX, has singled out Solana as the most suitable cryptocurrency to invest in during the altcoin season. The Bitcoin billionaire hinted at the possibility of re-entering the Solana market, expressing optimism about the cryptocurrency’s price performance and future potential. 

BitMEX Co-Founder Sets Sights On Solana As Next Big Altcoin

In an X (formerly Twitter) post published on Thursday, Hayes shared a Binance price chart illustrating the price movement of Solana’s native token SOL paired with Tether stablecoin, USDT. The chart revealed Solana’s price entering a red zone at $94.68. As such, the Bitcoin billionaire has recommended that investors hop back onto “the Solana train,” suggesting a potential rise in the cryptocurrency soon.

Hayes disclosed that individuals should return to the Solana market after the collapse of several United States banks over the weekend. The American entrepreneur believes that if a significant banking crisis occurs, it might prompt the US Federal Reserve to infuse funds into the m

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Author: Scott Matherson

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