BitMEX Founder Swaps SOL for ETH After ‘Religious Revelation’

• BitMEX co-founder Arthur Hayes claims to have acquired a divine message throughout meditation.
• Hayes bought off his Solana holdings amidst a 16.1% enhance in Solana’s value over 24 hours.
• He predicts Ethereum (ETH) will attain a value of $5,000.

BitMEX co-founder Arthur Hayes took to Twitter to reveal a revelation he claims to have acquired throughout meditation. In response to Hayes, the divine message suggested him to divest from the Sam coin Proof-of-Stake (POS) mission and specific his allegiance to Archangel Vitalik.

Hayes is referring to former FTX CEO Sam Bankman-Fried’s favourite coin, Solana, and Ethereum co-founder Vitalik Buterin.

In his tweet, Hayes confessed to promoting off his holdings in Solana (SOL) and redirecting his investments in direction of Ethereum (ETH). The co-founder declared that ETH would attain a value of $5,000.

Hayes declared his change of coronary heart amidst Solana’s notable value efficiency. Over the previous 24 hours, Solana has proven a modest 16.1% enhance. Solana has additionally skilled a strong 31% surge previously week and witnessed a formidable 80.8% enhance in worth within the 30-day interval.

Over the past 30-day interval, Solana witnessed its lowest level at $53.71. The very best level Solana reached within the final 30 days was $99.12, signifying a noteworthy peak in its valuation.

SOL is now hovering across the $99 degree, eyeing a possible breakout above $100. ETH has additionally exhibited a reasonably modest spike, rising over 2.6% within the final 24 hours.

Whether or not this can be a momentary pivot by Hayes or a long-term strategic transfer stays unsure. The tweet by Hayes comes at a time when Ethereum builders are ramping up testing for the Dencun improve.

The brand new improve is about so as to add knowledge storage capability via a course of known as proto-dank sharding. The builders hinted in a current name that January 17 may very well be the check run date for Dencun.