Pantera Capital holds $1.1 billion in Solana — the fund’s largest position

Pantera Capital has formed the largest position in its portfolio through Solana (SOL) — its volume amounts to about $1.1 billion. This was stated by the company’s founder Dan Morehead in an interview with CNBC.

According to him, Solana demonstrates unique growth rates:

“Solana is the fastest and most successful blockchain network, even surpassing Bitcoin over the last four years.”

Morehead expressed confidence that in the long term, only a few leading blockchains will remain in the industry. “We believe that only Bitcoin, Ethereum, and Solana will remain successful,” he noted.

The financier also shared a forecast for Bitcoin, stating that within 4–5 years its price could reach $750,000, as currently the cryptocurrency “constitutes only a small percentage of global wealth.”

Institutional player activity around Solana continues to grow. In July 2025, BIT Mining abandoned Bitcoin mining and announced plans to transition to the Solana ecosystem, intending to raise up to $300 million to accumulate the asset and launch its own validators.