Bitmex Founder Arthur Hayes Endorses Solana's Long-Term Potential

2025-12-13 02:17

Arthur Hayes, founder of Bitmex, has expressed confidence in Solana's long-term prospects as a layer-1 blockchain, likening its potential to that of Ethereum. Despite the recent surge in demand driven by meme coins, Hayes emphasizes the need for Solana to identify new growth catalysts to sustain its momentum. Solana's lending market has seen significant activity, with $3.6 billion transacted in a single day. Additionally, Solana has partnered with Coinbase to provide token access without direct listing. The price of SOL has been fluctuating between $126 and $145, recently testing support at $129 following a Federal Reserve rate cut.

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