Get the scoop on finance - sign up for mobile alerts
Altcoins
| On
May 31, 2023

Solana Has Potential To Be the ‘Apple’ of Crypto, According to SOL Co-Founder Raj Gokal

By Daily Hodl Staff

Solana (SOL) co-founder Raj Gokal is bullish on the prospects of the layer-1 Ethereum (ETH)-rival over the long term.

Gokal tells TechCrunch+ that Solana could become as dominant in the crypto space as Apple is in the consumer electronics industry.

ADVERTISEMENT

“Solana has the potential to be the Apple of crypto.

I think about Apple, having worked for close to a decade on latency for touchscreens to allow for the iPhone to come out and it just felt like magic.

There were a lot of things to be built on top of that platform to get the iPhone and App Store and app ecosystem to where it is today. But it all started with one relentless focus on a simple interaction that had to work perfectly.”

According to Gokal, Solana’s engineering team and the ecosystem is placing an Apple-like focus on user experience and performance to ensure that the network “feels like the regular internet, when it’s an entirely new financial internet.”

ADVERTISEMENT

The Solana co-founder says that going forward, the layer-1 blockchain will focus on growth.

“The core thesis is going to be [focused on] new businesses, new projects, independent developers. We are still in an ecosystem and a community that is optimistic about what two developers in a garage can do.”

On the Solana blockchain-based smartphone which was launched last month, Gokal says that it will assist more people access crypto products and services without having to use a computer.

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
&nbsp
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney