Cathie Wood of ARK Invest Calls Solana “Anti-Fragile” and Loves Its Low Costs

Cathie Wood of ARK Invest Calls Solana “Anti-Fragile” and Loves Its Low Costs

New York, May 25, 2025 — Cathie Wood, the boss of ARK Invest, a company that invests in new tech, just gave a big shout-out to Solana, a popular blockchain platform. Speaking at the Solana Accelerate event in New York, she called Solana “anti-fragile,” meaning it stays strong even when things get tough. She also praised its super low fees and fast performance.

Wood, who’s known for picking game-changing technologies, said Solana is special because it’s cheap to use and growing fast. She pointed out that Solana has bounced back from tough times, like the 2021 crypto crash, and now has more new developers building on it than Ethereum. “It’s fast, it’s cheap, and it’s getting bigger,” she said.

ARK Invest, Wood’s company, recently started investing in Solana by buying shares in a Solana Staking ETF (called SOLQ) in Canada. This ETF lets them own a piece of Solana’s success. ARK’s two funds, focused on internet and fintech, bought about $5.2 million worth of SOLQ shares. This shows ARK is serious about Solana, even though they’ve mostly focused on Bitcoin and Ethereum before.

Solana is a blockchain that can handle tons of transactions—up to 65,000 per second! That’s way faster than many others, and it costs much less to use than Ethereum. Wood thinks this makes Solana perfect for apps and everyday users. She said Ethereum is more for big companies now, while Solana is great for regular people.

Even though Solana’s price dropped a bit to $139.23 today (down 1.4%), it’s up 29.5% in the last two weeks. Some experts think ARK’s support could push Solana higher, especially if the U.S. approves Solana ETFs soon. There’s a good chance—73%—that could happen in 2025.

ARK Invest is known for taking risks on new ideas like AI, robotics, and crypto. Their main fund, ARKK, has had ups and downs, losing 12% in 2024 while the stock market grew. But Wood says she’s focused on big wins over time, not quick profits.

Wood’s excitement about Solana shows she believes it’s a big deal for the future of crypto. With more developers joining and ARK’s investment, Solana could keep growing. Want to learn more? Check out www.ark-funds.com for ARK’s plans or CoinGecko for Solana’s price updates.

Authors

  • Ankit Sharma

    Ankit Sharma focuses on technology and finance and creates content about cryptocurrency and blockchain. Because Ankit is interested in digital assets and market regulation, he writes and explains things clearly to help readers make sense of the latest changes in crypto. When he isn’t writing, he likes to explore new innovations and join in the discussions with the crypto community.

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *