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Benzinga
Benzinga
Business
Murtuza J Merchant

Tom Lee: Ethereum, Not Solana, Is The 'Preferred Choice' For JP Morgan, Robinhood, Circle To Build On

Tom Lee Solana Ethereum Robinhood HOOD JP Morgan Fundstrat Crypto blockchain
Eth,Coin,With,Blurred,Candlestick,Chart,In,The,Background.,Ethereum

Ethereum's (CRYPTO: ETH) dominance in the tokenized finance sector isn't slowing down and according to Fundstrat's Tom Lee, it has already become Wall Street's go-to blockchain infrastructure, leaving Solana (CRYPTO: SOL) behind in key institutional use cases.

Speaking to CNBC on Thursday, Lee made it clear that Ethereum’s recent outperformance and adoption by financial giants point to a deeper shift.

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