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Kamino Finance priceKMNO
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Share link:In this post: A Franklin Templeton report suggested that Solana threatened Ethereum due to its growing influence. Solana’s DEX volumes surpassed the Ethereum ecosystem in January, highlighting a potential market shift. According to the report, the shift to activity to the layer two blockchain shows the Ethereum scaling approach was working.
Investment giant Franklin Templeton, known for his closeness to cryptocurrencies, made an interesting prediction in his statement.

Solana's rapid growth in decentralized finance and its rising market presence have prompted experts to suggest its valuation could soon compete with Ethereum’s, though challenges remain.

Quick Take Foundation Capital has raised $600 million for Fund 11 to continue backing early-stage startups. The early Solana backer’s new fund will target crypto, fintech and enterprise AI investments.
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