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Bosen Technology official website: www.bosenkejigz.com Quantitative Robot official website: www.qulianghua.com Binance Oyi Sesame opens the door to register for private chat and get high rebate links  Press and hold to identify the QR code to access the Quantification official website SOL rallied above $250 on speculation of institutional adoption and pending ETF hopes to fuel further bullish momentum.  Main takeaways:
Solana’s native token, SOL Sol $246.05 , rebounded above $250 on Thursday, hitting its highest level in nearly eight months. Over the past 30 days, SOL has outperformed the broader altcoin market by 25%, largely due to corporate reserve strategies. Traders are now debating whether further bullish momentum is sustainable given the waning interest in leveraged SOL long positions.  The annualized perpetual futures funding rate hovers around 8%, reflecting sluggish demand for leveraged buying. Strong bullish periods typically push the indicator above 15%, which is the threshold one might expect after SOL gained 37% in 30 days. More importantly, institutional accumulation appears to have reduced SOL's risk profile from a supply and demand perspective. Companies employing SOL as reserve assets have collectively accumulated more than 17 million soles worth $4.3 billion, according to Strategic Solana Reserves. Notable holdings include Forward Industries (Ford) with 6.82 million SOL, Sharps Technology (STTS) with 2.14 million SOL, as well as Defi Development Corp (DFDV) and Upexi Inc. (UPXI). Nearly 2 million per sol. The SOL reserve strategy reflects the model popularized by Michael Saylor at strategy (MSTR), which involves issuing corporate debt and additional stock to acquire cryptocurrency. On Monday, Nasdaq-listed Helius Medical Technologies (HSDT) announced a $500 million financial plan focused on SOL. SOL rights good as SEC advances crypto ETFs To determine whether the weak demand for bullish SOL exposure is limited to the perpetual contract, one must look at activity in the options market. A lack of confidence typically drives put premiums above 200%, indicating strong demand for neutral bearish strategies.  Over the past week, the indicator has ranged between 14% and 57%, reflecting higher premiums for call (buy) options. This suggests that concerns raised by the perpetual futures market are exaggerated, as derivatives traders are not prepared for the downside. This optimism may be related to the anticipated launch of multiple Solana exchange-traded funds (ETFs) in the United States. On Wednesday, the U.S. Securities and Exchange Commission (SEC) unveiled new regulatory standards that could accelerate the approval of spot cryptocurrency ETFs. Traders are particularly hopeful about the SOL ETF following the success of the ether-based product, which has amassed $24 billion in assets under management. The SEC also approved the first multi-asset crypto exchange-traded product in the United States, clearing Grayscale’s $930 million digital large-cap fund (GLDC) from listing. The fund invests primarily in Bitcoin BTC116,952 USD and ether ETH$4,566 , while also holding a smaller XRP allocation XRP $3.05 , SOL and Cardano ADA0.9223 USD Ethereum continues to dominate institutional allocations thanks to its massive total value locked (TVL), which currently stands at $101.6 billion. Solana ranks second with $14.6 billion, according to DefiLlama. data. However, SOL stands out with a stacking yield of 6.8%, significantly higher than Ether's 2.9%. This superior return could be a deciding factor for newcomers. With SEC approval all but certain, SOL’s path to $300 relies on capturing ETF inflows and maintaining a steady accumulation of corporate funds despite the launch of competing altcoins. I focus on automatic currency speculation and quantitative robot software in the currency circle, from 2018 to the present. There is no profit commission, the income and operation have been very stable, interested friends can add me as a friend to learn more.   Long press the QR code to add friends WeChat public account | Quantitative robot Xiaosu Sina Weibo | Quantitative Robot Su Wenshan  ball sharing Like the ball The ball is watching |
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