{"id":15897,"date":"2023-05-30T19:28:39","date_gmt":"2023-05-30T23:28:39","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/solanas-blockchain-may-become-apple-of-crypto-says-co-founder\/"},"modified":"2023-05-30T19:28:40","modified_gmt":"2023-05-30T23:28:40","slug":"solanas-blockchain-may-become-apple-of-crypto-says-co-founder","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=15897","title":{"rendered":"Solana\u2019s Blockchain May Become ‘Apple of Crypto’, Says Co-founder"},"content":{"rendered":"
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The Solana (SOL) blockchain could become the crypto world\u2019s equivalent of tech giant Apple given its strong focus on user experience, according to Solana co-founder Raj Gokal.<\/p>\n

Speaking in a recent interview with TechCrunch, Gokal likened Solana to Apple, saying the Mac and iPhone maker\u2019s \u201crelentless focus on simple interaction\u201d is something Solana has learned from.<\/p>\n

\u201cSolana has the potential to be the Apple of crypto,\u201d Gokal said in the interview while pointing to the fact that Apple \u201cworked for close to a decade on latency for touchscreens to allow for the iPhone to come out and it just felt like magic.\u201d<\/p>\n

\u201cThere were a lot of things to be built on top of that platform to get the iPhone and App Store and app ecosystem to where it is today. But it all started with one relentless focus on a simple interaction that had to work perfectly,\u201d the Solana co-founder said.<\/p>\n

He went on to explain that Solana aims to create a blockchain-based network \u201cthat feels like the regular internet, when it\u2019s an entirely new financial internet.\u201d<\/p>\n

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As part of its efforts to bring about a user-centric and seamless experience for web3, Solana in April introduced a new Android smartphone known as Saga specifically designed for blockchain applications.<\/p>\n

Among other things, the phone comes with the Solana decentralized app (dApp) Store built in, and features a self-custody solution called Seed Vault that protects keys through biometric authentication and encryption.<\/p>\n

Notably, the launch of the phone brought new attention to the Solana network\u2019s native SOL token, which since April 1st<\/sup> is has managed to remain in positive territory.<\/p>\n

Over the same time period, other major coins like Bitcoin (BTC) has traded down by about 2%.<\/p>\n

Not surprisingly, the new round of attention for the Solana project could therefore prove to be positive for the token, which some have predicted could move towards highs of $39 to $48 in the medium term.<\/p>\n<\/p><\/div>\n