Dan Morehead, CEO of Pantera Capital, is known for his bullish outlook on the crypto market. While specific numbers can change, some of the cryptocurrencies and themes he and Pantera Capital have focused on as potential outperformers, particularly in the "Phase 2" of a bull market where altcoins tend to excel, are:

Solana (SOL): Morehead has expressed a very bullish view on Solana, noting its performance, its speed and cost-effectiveness as a blockchain, and Pantera's significant financial exposure to the asset. Some reports even mention his belief that it could eventually surpass Bitcoin's market cap.


Altcoins/Longer-Tail Tokens: Generally, Morehead has suggested that the "Phase 2" of the bull cycle is when altcoins (cryptocurrencies other than Bitcoin) begin to significantly outperform Bitcoin. He anticipates that these tokens, representing innovative value-creating blockchain solutions, will benefit greatly from regulatory clarity and market growth.


Tokens related to the "Tokenization of Everything": While not a single asset, Morehead has often spoken about the long-term trend of "all the things of value" eventually being issued on a blockchain, which would include tokenized assets and securities. This is a major area of focus for Pantera Capital.

It's important to remember that:

Bitcoin (BTC) is the foundation of the bull run in his view, with a prediction of it hitting new highs.

Ethereum (ETH) is also viewed as one of the two "proven, functioning chains" alongside Bitcoin, though the focus in recent commentary has been heavily on Solana's outperformance potential.

These are the opinions of one investor and are not financial advice. Cryptocurrency investments are volatile and risky.