Solana (Sol) has risen almost 30% during the past month and aims to claim its maximum of all times of 2025.
The rally adds weight to the prediction of BIT investment director Matt Hougan that the cryptographic asset could be preparing for an explosive rally rally, since he believes that all the correct “ingredients” are falling in place for a repetition of the same play book that led Bitcoin and Ethereum to the masses.
Solana’s end of the year
In the last report, Hougan argued that the “recipe” in the last 18 months has been simple: a strong demand for bags quoted in the stock market (ETPs) and purchases of the corporate treasure that constantly exceed new tokens emissions, creating powerful imbalances of supply and demand.
Bitcoin saw this game of $ 40,000 in early 2024 to more than $ 115,000 today, while Ethereum tripled the price after the institutions began to accumulate earlier this year. Solana, according to him, is the following on the line to benefit from this recipe.
Several heavyweight emitters, including Bitwise, Grayscale, Vaneck, Franklin Templeton, Fidelity and Investo/Galaxy, have presented to launch Spot Sol ETP, with the decision deadline of the sec established for October 10, 2025. If approved, Q4 could see multiple ETP of Sun that hits the market once, what is expected to open the flood flood for early morning tickets.
At the same time, Galaxy Digital, Jump Crypto and Mulicoin Capital recently promised $ 1.65 billion to finance industries forward, a new treasure company that lies on the stock market in charge of buying and rethinking sun to generate performance.
The appointment of Kyle Samani, co -founder of Multicoin capital and lawyer of Solana for a long time, while the president positions him to play the same evangelist role for Solana that Michael Saylor made for Bitcoin and Tom Lee for Ethereum. That type of presence of high profile means could supercharge the awareness and adoption of investors.
Beyond financial vehicles, the Executive also stressed that Solana offers a strong fundamental tone: it is a programmable high -performance and low -cost block chain capable of handling tokenized, stable and defined assets at speeds that rival in centralized systems.
A recent technical update reduces the purpose of the transaction of 12 seconds to only 150 milliseconds, which placed it between the fastest block chains worldwide, with sub-peanique rates and without dependence on the solutions of layer 2.
Too attractive configuration to ignore
While critics argue that this comes with the risks of centralization, Hougan said that Solana currently occupies the third place in Stablecoin liquidity, a quarter in tokenized assets, and has seen a leap tokenized 140% this year.
CIO BIT A BIT is considered that the relatively small size of Solana was an important catalyst. This is because with a market capitalization of $ 116 billion, Sol is only one in second place the size of Bitcoin, which means that tickets have a huge impact.
The planned purchase of $ 1.65 billion forward industries, for example, is equivalent to the fact that the $ 33 billion flows to Bitcoin. Although the solana inflation rate of approximately 4.3% is higher than that of Bitcoin or Ethereum, the impulse on the demand side could far exceed this factor. As such, Hougan argues that the sun setting remains attractive.
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