Solana Co-Founder Discusses Future of Crypto Market Valuation

According to Foresight News, Solana co-founder Toly recently shared his views on the valuation of the cryptocurrency industry. He stated that high valuation multiples reflect the inherent risks and opportunities within the sector. Toly expressed his belief that the total market capitalization of the crypto market will continue to rise, eventually leading to market share distribution based on revenue. He emphasized that achieving this goal will involve a prolonged and challenging battle for market share, with only those blockchains aiming to dominate the entire market likely to survive.