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$20M Solana Bet: Institutional Giant Signals Bold Blockchain Play

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🔥Heat Map:

🌍 Daily Crypto Market Overview

Global Stats:

  • Cryptocurrencies: 15.03M

  • Exchanges: 814

  • Market Cap: $2.98T (+1.64%)

  • 24h Volume: $81.48B (+27.35%)

  • Bitcoin Dominance: 64.3%

  • Ethereum Dominance: 7.4%

  • ETH Gas Price: 0.3 Gwei

  • Fear & Greed Index: 53 (Neutral)

🪙 Top 5 Cryptocurrencies by Market Cap:

Name

Price

24h Change

Market Cap

24h Volume

Bitcoin (BTC)

$96,452.76

+2.18%

$1.92T

$29.44B

Ethereum (ETH)

$1,823.99

+1.15%

$220.21B

$14.54B

Tether (USDT)

$0.9999

+0.01%

$149.42B

$60.66B

BNB (BNB)

$602.24

+0.57%

$84.85B

$1.61B

Solana (SOL)

$146.01

+1.06%

$75.77B

$2.99B

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🚀 Trending on DexScan:

  1. KMNO/USDC – $0.0801 (+0.36%)

  2. TRUMP/USDC – $11.13 (+1.72%)

  3. gork/SOL – $0.0363 (+21.74%)

  4. gork/SOL – $0.0331 (+28.38%)

  5. Fartcoin/SOL – $1.11 (+1.37%)

💹 Market Highlights:

  • Total DeFi Volume: $6.7B

  • Stablecoins Volume: $76.56B

  • Coin with highest % change: ALPACA (+34.97%)

📈 Preview On Today’s News:

  1. - $20M Solana Bet: Institutional Giant Signals Bold Blockchain Play

  2. - BNB’s Big Bet: Standard Chartered Predicts 4X Surge by 2028

  3. - New Hampshire Bets on Bitcoin: A State-Level Crypto Revolution Begins

Keep reading below for more!

Have you heard of The Elite Trade Club?

Today’s News:

1)

$20M Solana Bet: Institutional Giant Signals Bold Blockchain Play

SOL Strategies has made a strategic \$20 million purchase of 122,524 Solana (SOL) tokens at an average price of \$148.96, marking the first deployment from its up to \$500 million convertible note facility. The Canadian firm, led by CEO Leah Wald, aims to cement its position as the leading institutional staking platform for the Solana ecosystem. This acquisition underscores the firm’s three-pillar strategy: enterprise-grade validators, strategic SOL holdings, and Solana-based innovation. Wald emphasized that every dollar invested is already yield-generating, and the structure is designed to scale rapidly. With Solana up over 20% in the past month, the move reflects growing institutional confidence in the blockchain’s long-term viability.

  • SOL Strategies deployed \$20M to acquire 122,524 SOL tokens, initiating its $500M plan to dominate institutional staking in the Solana ecosystem.

  • CEO Leah Wald affirmed the firm’s scalable, yield-generating approach, reinforcing confidence in Solana’s technology and recent bullish momentum.

2)

BNB’s Big Bet: Standard Chartered Predicts 4X Surge by 2028

Standard Chartered Bank has forecasted that Binance’s native token, BNB, will soar to $2,775 by 2028—quadrupling its current price under \$600. The bank’s head of digital asset research, Geoff Kendrick, attributes this projected growth to BNB’s historical alignment with Bitcoin and Ether in both returns and volatility since 2021. He emphasized that Binance’s continued dominance as a leading crypto exchange is key to this bullish outlook. Recent developments, including a VanEck ETF filing and Kyrgyzstan’s consideration of BNB for its crypto reserves, further boost investor confidence in the token’s future performance.

  • Standard Chartered predicts BNB will reach \$2,775 by 2028, citing its correlation with Bitcoin and Ether and the assumption Binance maintains its exchange leadership.

  • Key catalysts include a new ETF filing and growing international interest, with BNB positioned as a potential reserve asset in Kyrgyzstan.

3)

New Hampshire Bets on Bitcoin: A State-Level Crypto Revolution Begins

New Hampshire has made history by becoming the first U.S. state to pass legislation allowing its state treasury to invest in Bitcoin and other cryptocurrencies. Governor Kelly Ayotte signed the bill into law, enabling the treasurer to invest in digital assets, provided they meet a $500 billion market cap threshold—currently qualifying only Bitcoin. The move, seen as a significant turning point for institutional crypto adoption, comes amid growing optimism fueled by a pro-crypto federal administration. While some lawmakers expressed skepticism, the law is positioned as a strategic enabler, setting the stage for other states to consider similar paths.

  • New Hampshire is the first U.S. state to authorize its treasurer to invest in Bitcoin, setting a precedent for state-level crypto adoption.

  • The legislation includes a $500B market cap requirement, currently limiting investments to Bitcoin, with potential influence on nationwide crypto policy trends.

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Disclaimer

This newsletter (Hodl Topic, hodltopic.com) is based on our data and opinions, provided solely for informational purposes. It does not constitute financial advice. Cryptocurrency investments involve significant risks, so it’s essential to conduct thorough research and consult a qualified financial advisor before making any investment decisions. We are not liable for any financial gains or losses resulting from the use of this information.