Galaxy Founder: Solana is still seen as a blockchain network "born for the capital markets"

At the Solana Breakpoint conference, Galaxy founder and CEO Mike Novogratz stated, “As regulations become clearer, the industry has entered a phase where we must truly build products that users will actually use. Crypto asset value is driven by both community and actual growth, and the narrative must be supported by real-world use and innovation. Solana, with its high-speed performance, is considered a chain ‘born for the capital markets,’ and Galaxy’s partnership with Jump is based on its capabilities in high-frequency infrastructure. The crypto market has been volatile this year, but I remain optimistic. Just this year, one of Galaxy’s clients completed a $9 billion Bitcoin sell-off, with early investors realizing some profits to diversify their portfolios. Meanwhile, a steady stream of new entrants is continuously buying Bitcoin. My participation in conferences in Abu Dhabi over the past few days has further reinforced my optimism. The Abu Dhabi Financial Week brings together top investors from around the world, including many financial giants. After speaking with these industry leaders, I am even more convinced that the global wave of embracing blockchain and digital assets is accelerating, not slowing down.”