Bitwise CIO: Solana is the new Wall Street, with extremely strong prospects In a recent interview, Bitwise CIO pointed out that over the past 18 months, the “formula” for achieving strong returns in the crypto market has become clear: ETF inflows, corporate treasury purchases, combined with positive news cycles, can deliver outsized returns. He gave examples, noting that Bitcoin saw a threefold price increase this year after launching an ETF in January, coupled with the rise of Bitcoin DATs and concerns over fiat currency devaluation. Ethereum similarly achieved a threefold increase in April, driven by ETF fund recovery, the rise of tokenization narratives, and the promotion of Ethereum DATs by figures like Tom Lee. Regarding Solana, he stated that the market widely expects multiple ETPs to launch soon, alongside the technical momentum brought by the Alpen Glow upgrade and large-scale DATs driven by heavyweights like Pantera’s Dan Morehead and Multicoin’s Cosmoni. Together, these factors create an extremely strong outlook. He particularly emphasized that Solana’s market cap is only $100 billion, far smaller than Bitcoin ($2.5 trillion) and Ethereum, meaning any capital inflows will have a magnified impact. “Since joining Bitwise, I’ve never seen such a positive allocation environment. I’m very bullish on Solana.”