Crypto Insider: A Closer Look at Our Ethereum Competitor Recommendation

Ethereum is a crucial network within the crypto ecosystem. It’s the backbone for much of the decentralized finance world. It’s by far the most popular network for decentralized apps. And most NFTs — which reached a trading volume of more than $17 billion last year — trade on the Ethereum network. 

But Ethereum has faced delay after delay in making “the Merge” from proof of work to proof of stake. So crypto investors need Ethereum competitors in their portfolios more than ever.

That’s why last week we recommended Solana as a crypto investment to First Stage Investor subscribers. It’s an Ethereum competitor that currently processes around 100 times more transactions per second than Ethereum at a fraction of the cost. 

In today’s episode of Crypto Insider, Vin Narayanan and Allison Brickell dig a little deeper into our Solana recommendation and uncover more reasons to love this crypto. Topics include what makes Solana unique, why its venture capital backers are a positive signal and more.

Thanks for watching!