Crypto Shakeup: Aptos Poised to Dethrone Solana, Says BitMEX Co-Founder

• BitMEX co-founder predicts Aptos will overtake Solana as a top blockchain. 
• Intensifying competition among Layer 1 blockchains (Aptos, Solana, Sui, etc.).
• Strategic timing crucial for maximizing gains during the “banana zone” market cycle.

BitMEX co-founder Arthur Hayes predicts a major shift in the Layer 1 blockchain landscape, forecasting that Aptos (APT) will surpass Solana (SOL) to become the second-largest platform in the near future. This bold claim follows Aptos’ recent milestone of exceeding Solana in monthly transactions by a significant margin.

It is worth noting that transactions on Aptos surpassed those on Solana in May, setting a new milestone for the blockchain. Notably, Aptos was ahead of Solana by a whopping 57 million transactions. 

In a video interview, Hayes estimated a one-to-three-year timeframe for Aptos to overtake Solana, promising further insights in September and “not gonna say anything more than that.”

Hayes also forecasts a Dogecoin (DOGE) exchange-traded fund (ETF) by the end of the current cycle, citing its longevity, large market cap, and availability on Robinhood in the U.S.

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