Three institutions have joined forces to raise $1 billion to invest in Solana, which is undoubtedly a clear bullish signal for $SOL.

Although $SOL has seen a rapid increase recently, the market is more concerned about: why these three institutions are raising funds and making significant purchases of SOLANA tokens at this time?

Personally, if $SOL pulls back to the $160 range, I would consider entering the market.

It is necessary to view this news objectively — it is both a positive and a potential negative:

• Negative aspect: The public announcement of large-scale institutional purchases may preemptively exhaust some of the potential gains, and even trigger short-term profit-taking sell-offs;

• Positive aspect: The actual demand for $1 billion in purchases is evident, which will provide solid financial support for $SOL in the long term. $BTC $XRP #美联储降息预期 #币安Alpha上新 #BNB创新高