Pantera Capital predicts growth in Solana and Near in 2022

Etherium now accounts for about 63% of the total value of blockchain assets in the DeFi protocols, up from 97% at the beginning of last year. Paul Veradittakit noted in a letter to investors that Solana will increase the number of projects in its ecosystem in 2022.

"Last year was a particularly good year for Solana, with the network reaching a total locked-in value of $15 billion and a peak SOL price of $260 in November. That's an incredible growth rate given that in April 2020, 1 SOL was worth $0.22," Veraditakit said.

He also noted the potential for explosive growth of the Near network, which launched the Rainbow Bridge project last April - it allows the exchange of crypto-assets between Ethereum and Near blockchains. According to Veraditakit, this will have a positive impact on Near's growth.

"Ethereum virtual machine (EVM) platforms such as Aurora on Near make it easier to run decentralized Ethereum-based applications, improving interconnectivity in DeFi," he said.

As a reminder, Near Foundation recently closed another investment round in which the company managed to raise $150 million.