Forums
Talk about anything you want!
Login to get your referral link.
solana treasury company mass sells its SOL holdings as prices crash?! As big companies abandon SOL, a Solana Foundation manager defends the altcoin, foresee
wait, is SOL dead? 🤔 why they dumping like it’s a meme coin 📉
solana going 📉 but vibhu out here like “SOL to $1,000” lmfao who’s coping harder??
solana’s treasury company dumping SOL while the foundation manager predicts $1,000: narrative arbitrage between institutional sell-off and bullish sentiment highlights contrasting market
Trusted Editorial content, reviewed by industry experts and seasoned editors. While the market struggles to regain momentum, Solana continues to decline, hovering around $130. During this decline, investors have been selling, possibly migrating to assets held in Treasury reserves. Ongoing sales extend to Solana Treasury bonds. Institutional sentiment shifts as major Treasury-backed companies start shedding SOL holdings amid increased institutional attention. Speculation arises on the impact of this strategic move on Solana’s price trajectory.
As big companies abandon SOL, a Solana Foundation manager defends the altcoin, foreseeing it surpassing $1,000. The leader cites the network’s recognition and adoption by developers, positioning SOL as a platform for seasoned crypto engineers. Vibhu highlights SOL’s appeal to network engineers, DeFi and mainstream founders, and creatives, emphasizing its strategic value, usage, and revenue potential. SOL’s significant milestones this year are expected to bear fruit in the future, highlighting its growth potential compared to Ethereum and Bitcoin.
This Solana Treasury Company Mass Sells Its SOL Holdings as Prices Crash
5
Voices
4
Replies