#SolanaStakingETFLaunch Bitwise Investment Director Explains Which Altcoin Is a "Big Bull" and Why!

Bitwise’s investment director (CIO) Matt Hougan shared the altcoin that is bullish and the reasons behind it.

Bitwise’s investment director (CIO) Matt Hougan posted a lengthy message on social media stating that he sees “great potential for a bull market” in Solana (SOL).

Hougan compared Bitcoin and Solana, claiming that both assets offer investors “two ways to profit.”

Hougan summarized his investment strategy as follows:

“The best crypto investments give you two ways to profit. When I invest in Bitcoin, I believe both that the global ‘store of value’ market will grow and that Bitcoin will increase its share of this market. If just one of these happens, the investment will be successful.”
Hougan noted that Bitcoin shares the approximately $27.5 trillion “store of value” market with gold and Bitcoin itself, and reminded that this market has grown tenfold over the past 20 years, suggesting Bitcoin could reach a potential of $6.5 million in the coming period.
He applied a similar logic to Solana:

“When I invest in Solana, I believe in two things: that the stablecoin and tokenization infrastructure markets will grow and that Solana will increase its share of these markets. Both scenarios seem quite likely to me.”

Hougan, who states that Ethereum is a leader in stablecoin issuance and tokenization, also mentioned that Solana has rapidly gained market share recently thanks to its high transaction speed, user-friendly infrastructure, and active developer community.

He pointed out that Solana is also making progress in the institutional sector, recalling that Western Union recently chose Solana for its stablecoin project:

“The combined growth of the market and Solana’s share could create explosive value appreciation, just like with Bitcoin.”
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