MONEY: Crypto Liquidity Funds Bet Big on Solana

Joe McCann, Founder, CEO and CIO of Asymmetric Financial, says his firm, which manages two liquid funds with nine- and eight-figure asset under management (AUM), is still invested in bitcoin while adding to their holdings in Solana. “We hold zero shares. I see absolutely no reason to keep holding it going forward,” McCann said.” SOL has just broken out to new all-time highs compared to ETH, validating our contention that SOL will continue to outperform ETH by a wide margin. “Ryan Watkins, co-founder of Syncracy Capital, echoed this sentiment, emphasizing that Solana is undervalued relative to ethereum. He told me, “Solana now rivals Ether in most meaningful metrics, but trades at 1/5 the price of Ether.