Bankless · Wednesday, August 5, 2026
Mike Dudas explains his firm's preference for Solana (SOL) over Ethereum (ETH) as an asset for the next five years, citing Solana's higher activity metrics, lower fees, and unique fee mechanism that captures revenue. He believes Solana has a higher growth rate and momentum narrative, especially with the anticipated success of perps and stablecoin volume on the chain.
“So we've made that choice. I can't give financial advice to others, but we're well known as a Solana, more Solana bullish fund from an asset perspective.”
“So one is Solana has significantly more activity than Ethereum on virtually every metric of regular usage that it doesn't in terms of like TVL and total value issued.”
“And Solana is a global state machine. It has high throughput, low fees, but it also has a fee mechanism whereby priority fees, people can pay for the price that they want for their transaction. And that allows Solana to capture more revenue.”