Cryptocurrency Solana is once again likely to outperform both Bitcoin and Ethereum, the world’s two biggest digital currencies, in 2022, according to the CEO of a $12 bln financial giant.
The bullish prediction from Nigel Green, chief executive and founder of deVere Group, a leading advisory and fintech, comes amid another sharp bearish dip for leading cryptocurrencies on Friday.
Bitcoin, Ethereum and Solana were down around 5.7%, 6.8%, and 8.9%, respectively, over the previous 24 hours of trading.
“End of the week trading was hit by negative sentiment of high-growth stocks, which went on to impact Bitcoin, the world’s largest cryptocurrency by market cap which, in turn, weighed on the wider crypto market,” said Green.
Despite this current volatility, he explained that crypto investors who have consistently stayed in the market have generally had a positive year.
ok, I agree but not buying until it's over the 200$ mark again
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