The price of public chain Solana has become the focus of attention in the cryptocurrency market recently. In response to this, Arthur Hayes, the founder of BitMEX, tweeted today that he will sell Solana and convert it to ETH.
(Prior summary:
Arthur Hayes: Is a Bitcoin spot ETF really a good thing?
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(Background:
SOL approaches the $100 mark! Solana’s market value surpasses BNB, becoming the fourth largest cryptocurrency.
)
The price of public chain Solana (SOL) has shown strong momentum, and this morning it even approached the $100 mark. Since mid-October, its price has surged by over 320%, making it the most eye-catching dark horse among the well-known public chains.
Just as SOL was skyrocketing today, Arthur Hayes, the founder of BitMEX and a veteran in the crypto industry, also expressed his opinion.
Arthur Hayes: Selling Sol and converting to ETH, inspired by God
Around 7:30 am today (22nd), Arthur Hayes first asked the community on X whether Solana was about to break through the $100 mark (at the time, it was approaching $95). Two hours later, he posted again, expressing his mindset about the market. However, his unique argument sparked heated discussions in the community.
Dencun upgrade expected by the end of February next year
It is worth noting that although Arthur Hayes expressed his prediction in a joking manner on X, the underlying meaning may be to foreshadow the upcoming Ethereum “Dencun” upgrade, which will give the Ethereum ecosystem a new boost.
Earlier today (22nd), Tim Beiko, the coordinator of the Ethereum Foundation, officially announced on X that the Dencun upgrade will first be tested on the Goerli testnet on January 17, then deployed on Sepolia on January 30, and finally deployed on Holesky on February 7. According to Tim Beiko’s tweet, if everything goes smoothly, the developers aim to deploy the changes on the mainnet before the end of February 2024.
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Arthur Hayes
Solana
Tim Beiko