Calacanis Shifts from Bitcoin Skepticism, Backs Solana Amid Key Support Zone

Prominent angel investor Jason Calacanis has changed his tune on Solana (SOL), praising its usability and criticizing Bitcoin, particularly through Strategy shares. He advises buying SOL instead of investing in Strategy.

Calacanis previously expressed skepticism about Solana's applications beyond speculation, but now views the network as productive along with Bittensor. He claims both networks deliver new products rather than relying on future promises.

Despite his shift in opinion, Calacanis maintains his criticism of Strategy, arguing that its financing model creates risks for investors and that buying Bitcoin directly is a better option.