Solana Aims to Be the 'Apple' of Crypto, Targeting 100x Growth
Raj Gokal, co-founder of Solana, has revealed that the blockchain is setting its sights on a 10 to 100-fold growth in the future through partnerships with smaller projects.
Solana Aims to Be the 'Apple' of Crypto, Targeting 100x Growth
In an interview with TechCrunch on May 29, Solana co-founder Raj Gokal stated that the platform aims to expand 10 to 100 times through collaborations with medium and small infrastructure projects.
Gokal explained:
“Solana is looking for partners who can develop, innovate, release, test, and measure on a weekly basis, rather than working with large projects that already have a clear vision of what they’re doing.”
He also criticized large companies for their tendency to shift to newer projects if their collaborations fail.
During the interview, Gokal emphasized Solana’s ambition to become the 'Apple' of the crypto space, focusing on user experience (UX) and performance similar to that of tech giants. Recently, Solana launched the Saga phone, which offers additional features designed to streamline the Web3 experience.
Recent activities by Solana focused on infrastructure include:
- In November of last year, Solana partnered with Google Cloud, enabling users to deploy nodes on the blockchain, with Google Cloud also serving as a validator for Solana.
- In April 2023, Solana integrated a payment system with Boba Guys, a San Francisco-based bubble tea chain, allowing customers to pay using NFTs and tokens.
- In May, Solana enabled ChatGPT to access blockchain data and established a $1 million grant fund for AI projects.
- The blockchain is currently interested in collaborating with Stripe, which has introduced a tool for converting fiat to crypto. Many applications supported by Stripe are built on Solana.
Solana is actively seeking independent developers and investing in hackathons. The recent hackathon attracted 800 submissions and created a “hacker house” that drew over 17,000 developers.
Recently, Solana co-founder Anatoly Yakovenko asserted that the blockchain continues to lead in technology, despite the influx of new projects in the market.
