Saturday, May 18, 2024

Legendary Boxer Mike Tyson Puts His Heavy Weight On Solana

Mike Tyson, the legendary heavy-weight boxer, is “all in on Solana”. He bought a Catalina Whale NFT, which was available on SolSea. It is an NFT marketplace built on Solana. Tyson has displayed his enthusiasm for Solana by promoting the crypto $DREAM.

The former world champion tweeted that ever since he got into non-fungible tokens, he has been looking for crypto partnerships. He highlighted that $DREAM stood out. Tyson sees it as a first-of-its-kind that can only be traded during US stock market hours. He believes this will revolutionize the crypto space and boost the mental health of the crypto community as well.

Tyson is not new to Solana. He firsts expressed interest in September 2021 when he took to the microblogging platform Twitter with a simple question – “Solana or Ethereum?” He also asked his Twitter followers to opine about how high Sol would go. This has attracted 2.4K comments, but no one has given him any serious price analysis. The boxer is also known to have pitted the two most popular cryptocurrencies against each other in July with his tweet – “Which do you prefer, BTC or ETH?”

According to CoinMarketCao, Solana is an open-source project. It depends on blockchain technology’s permissionless nature to provide DeFi. Officially launched in March 2020, initial work on the Solana project began in 2017. It is now positioned as the fifth-largest cryptocurrency. Solana has a market capitalization of around $47 billion. Over the past, SOL gained 4,495% but has not fared well over the past month.

With ethereum undergoing an ambitious upgrade, experts feel Solana will become the go-to blockchain.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
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