Sorare CEO still bullish on Ethereum despite ‘upgrade’ to Solana

Fantasy sports crypto platform Sorare is migrating from Ethereum to Solana, with its CEO saying it is a better fit for Sorare due to its scalability and focus on consumer applications.

Nicolas Julia, CEO of fantasy sports crypto platform Sorare, said he hasn’t lost faith in Ethereum despite its plan to migrate to Solana — a move he has described as an “upgrade.”

Last Thursday, Sorare announced that it would migrate from Ethereum after six years, capitalizing on Solana’s scalability and consumer-focused user base. The company will move over 10 sports games and their trading cards to Solana. 

“It’s not a replacement, it’s an upgrade,” Sorare said at the time. Julia later explained to Cointelegraph that Solana is the most viable chain as it leads the fantasy sports crypto vertical in revenue, daily active addresses, active developers and total value locked. And that, while it is more centralized than Ethereum, the blockchain has prioritized scalability and security. 

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