Pantera Capital founder and CEO Dan Morehead told CNBC that Bitcoin could rise to $ 750,000 within four to five years, which claims that it is still only a “very low percentage of a single figures of worldwide wealth and historically” roughly doubled every year “in the 12-year company. Meerhead linked the price call with a Stark consolidation connection: only a single number of lower block chains will pass by Bitcoin, Ethereum and Solana.
Why Bitcoin, Ethereum and Solana will succeed
Talk about “Squawk -Doos”Morehead Bitcoin’s advantage of Bitcoin as a function of penetration in global portfolios instead of a speculative cycle.” I think it could go to $ 750,000 in the next four or five years, “he said, repeating that although a $ 1 million lever could be, it is a long -term dated prospect. 2013.
The Chief Pantera also rejected ‘winner-take-all’ stories in smart contract platforms, but he decided the field. “There are a number of layers with a number … Things such as Bitcoin, Ethereum, Solana-no-thousands, but certainly not one,” he said. According to him, these chains have been mapped to various use cases: “Bitcoin’s digital gold”, Ethereum Ancht Programmability and Solana is “very good in the implementation blockchain.”
MoreHead underlined the technical and market momentum of Solana to explain why it belongs to Bitcoin and Ethereum in the long -term cohort. “Solana’s had better performance than even Bitcoin in the past four years,” he noted, adding that the network “could do 9 billion transactions per day”, a transit he argued, surpasses the activity on traditional capital markets.
Although the exact comparative framing is disputable, the line reflects the opinion of Pantera that the implementation capacity of Solana combined with a low cost and threshold has crossed, where “it is not clear that you need the next thing” for High-Speed on-Chain Finance.
The interview doubled as a showcase for a new vehicle with the public market that offers direct, non-livered exposure to SOL and at the same time records the native appearance for equity investors. MoreHead casts the structure ‘Digital Asset Treasury’ as a bridge product in an era in which crypto ETFs with large caps remain unequal.
‘At the moment there is none [spot US] ETF [for Solana]. It is very difficult to get … For people with a brokerage account, this is the easiest way to gain access, “he said, describing setting as” cumbersome “for typical retail users and positioning the stated vehicle to automate the selection of validators and reward care.
Pantera’s Push fits in a broader 2025 pattern: public companies that attract capital to cover programmatic positions in large cryptoassets – often with deploying overlays – and then mentioned on Nasdaq as stockproxies for tokens without spot -etfs.
Only a few hours before the appearance of Morehead, Helius Medical Technologies announced an exceeded financing of $ 500 million under the leadership of Pantera and Summer Capital to launch a Treasury strategy supported by Solana, with an extra $ 750 million to Warrants that could raise the size of the vehicle. Helius said it would investigate and conservative yield opportunities on the chain around his SOL reserves.
Asked to arbitrate Ethereum versus Solana, Morehead avoided a binary call and returned to the same consolidation bike: several winners with a large cap, but much less than the thousands of L1s launched during the last cycle.
The job of the market, now, he implied, is to praise sustainable differentiation: Bitcoin as unspoilt collateral and macro -heg; Ethereum as the generalized settlement and implementation layer for tokenized assets and Defi; Solana as a location with a high transit for consumer scale and market microstructure-intensive applications. “There would be many block chains that are important,” he said, “but certainly not one.”
At the time of the press, Bitcoin traded at $ 115,319.
Featured image made with dall.e, graph of tradingview.com
Editorial process For Bitcoinist is aimed at supplying thoroughly investigated, accurate and unbiased content. We maintain strict sourcing standards and every page undergoes diligent assessment by our team of top technology -experts and seasoned editors. This process ensures the integrity, relevance and value of our content for our readers.
#Pantera #CEO #Bitcoin #750k #ETH #Sol #survive