SOL Strategies is all set to record on Nasdaq and start buying and selling from September 9 underneath the ticker $STKE.
It was one of many world’s first Solana treasury firms and now holds the third-largest stash of Solana (435,064 $SOL tokens valued at $88.4M) amongst firms.
The firm underwent a significant overhaul in 2024, when it appointed Leah Wald as CEO.
Wald restructured the agency right into a Digital Asset Treasury (DAT) effectively earlier than DATs grew to become the norm. Following this transfer, SOL Strategies’ inventory soared 900% inside a yr.
In the official announcement, Wald mentioned that becoming a member of Nasdaq places SOL Strategies according to the world’s most revolutionary know-how firms and opens the door for extra institutional funding with enhanced liquidity and entry to deeper capital markets.
Read on as we discover Solana’s development story and in addition recommend the finest Solana meme coin you should purchase proper now – Snorter Token ($SNORT) – to learn from SOL’s upcoming bull run.
Institutions Are Doubling Down on Solana – Ride the Wave with $SNORT
SOL Strategies isn’t the one firm betting on Solana. DeFi Development Corp not too long ago purchased $39.76M price of $SOL in a single week and now holds 2M Solana tokens valued at $427M.
The firm additionally raised recent fairness of $125M on August 28 to speed up Solana acquisitions and increase its treasury.
So, why are these institutional funds specializing in Solana?
The Solana blockchain is a dominant participant within the DeFi and Web3 house, with a Total Value Locked (TVL) of $11.46B.
TVL represents the cumulative worth of all property deposited on a blockchain, together with lending platforms, DEXs, staking contracts, and liquidity swimming pools.
Solana presently holds the world’s second-largest TVL with a 7.53% share, underscoring robust market belief, liquidity, and adoption.
This signifies that greater than half of all blockchain individuals want Solana to have interaction with dApps – an enormous constructive for the ecosystem.
Solana has surged by over 110% because the starting of Q2 and is presently buying and selling round $206.
On the every day timeframe, $SOL is following a bullish trendline (as seen above) whereas consolidating close to the $200 stage. A volume-backed breakout from right here might push $SOL previous $250.
If you, like SOL Strategies, need to faucet into Solana’s development potential, take into account investing within the Snorter Token ($SNORT) – the right Solana-based altcoin to journey this momentum.
What Is Snorter Token?
$SNORT is definitely probably the most anticipated altcoin launches on Solana. That’s as a result of this new cryptocurrency mission goals to revive retail participation in meme coin buying and selling.
Right now, deep-pocketed traders with subtle instruments find yourself consuming all of the obtainable liquidity in newly listed meme cash.
This leaves little to no room for on a regular basis merchants to place themselves behind these hyper-aggressive preliminary meme coin pumps – which is mostly the place life-changing returns are made.
How will it achieve this? By letting you place purchase/promote restrict and cease orders effectively upfront – earlier than liquidity even kicks in on a token.
Then, as quickly as liquidity turns into obtainable, Snorter Token will mechanically execute these orders, lastly supplying you with the aggressive edge you’ve been on the lookout for.
Snorter Token’s Game-Changing Ease of Use
SnorteR Token relies on Telegram, so all that you must do to position purchase/promote orders is ship the bot instructions (messages, in different phrases) within the all-too-familiar Telegram chat.
Even higher? You can even handle your Snorter Token portfolio and entry the copy-trading function straight from the identical chat.
Speaking of copy buying and selling, it’s a very helpful function if you happen to’re new to meme coin buying and selling or just don’t have the time to study all of the ins and outs of the market.
Copy buying and selling permits you to mimic the trades of seasoned execs in a totally hands-free method, permitting you to generate potential earnings with out lifting a finger. Just you should definitely observe solely respected merchants with confirmed observe data.
Despite its give attention to simplicity, although, Snorter nonetheless supplies probably the most safe buying and selling experiences in the marketplace.
From rug pulls and honeypots to front-running and even subtle sandwich assaults, Snorter’s obtained safeguards towards nearly each on-chain risk that might in any other case hinder your buying and selling.
Buy $SNORT for Massive Gains & Exclusive Perks
One take a look at the meme coin market’s development over the previous one yr – an 80% improve in complete market cap – and it’s simple to see why Snorter Token may very well be the subsequent crypto to blow up.
If you need to profit from this doubtlessly once-in-a-lifetime alternative, purchase $SNORT now whereas it’s nonetheless in presale and obtainable at a few of its lowest-ever costs.
1 $SNORT is presently obtainable for simply $0.1035, and the mission has in complete raised over $3.75M from early traders thus far.
According to our $SNORT worth prediction, the token can surge 800% by the tip of 2025 alone – doubtlessly hitting $0.94.
And that’s not all. Buying $SNORT additionally unlocks a completely new set of unique perks, together with:
- Reduced buying and selling charges: simply 0.85%, vs. 1.5% charged to non-holders
- No every day sniping limits
- Access to superior analytics for higher buying and selling choices
- Generous staking rewards, presently yielding 123%
Interested? Visit Snorter Token’s official web site for extra data.
Disclaimer: None of the above constitutes monetary recommendation. Crypto investments are extremely dangerous, so kindly do your individual analysis earlier than investing.
Authored by Krishi Chowdhary, Bitcoinist – https://bitcoinist.com/sol-strategies-nasdaq-listing-solana-outlook-why-you-cant-miss-snort
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