Mike Tyson Goes “All In” on Solana

Former heavyweight champion boxer Mike Tyson recently tweeted about going “all-in” on Solana, one of the leading “Ethereum killers.”

All in on Solana… Just copped a Catalina Whale… pow pow! pic.twitter.com/97voS15B8y

— Mike Tyson (@MikeTyson) January 12, 2022

The legendary boxer also attached a Catalina Whale non-fungible token (NFT) issued on top of the Solana blockchain.

Tyson also started promoting Dream (DREAM), a dubious ERC-20 token, claiming that the token could “revolutionize” the space and help the community deal with mental health issues.

As reported by U.Today, “Iron Mike” asked Twitter to decide whether he should choose Ethereum or Solana in September. In June, he asked his five million followers the same question about Bitcoin and Ethereum.

In July, the boxer announced his first NFT line after teaming up with creative agency 1ofone. Its launch took place in August.

The competition between the two chains is getting increasingly fierce. Both JPMorgan and Bank of America recently predicted that Solana would continue eating away at the market share of its bigger rival. Weaker decentralization is considered to be a reasonable trade-off for achieving a sufficient level of scalability.

Yet, Solana has faced multiple technical hiccups over the last few months, which show that the network might not be ready for mainstream adoption.

In 2015, he got into the Bitcoin game by launching a Las Vegas-based ATM after teaming up with Bitcoin Direct. The project was met with scam accusations that were vehemently denied.

The former boxing champ also launched a Bitcoin wallet in partnership with Bitcoin Direct in 2016.