Good news for $SOL is here again!
Just received news that a US-listed company is preparing to raise $400 million for a SOL strategic reserve, all backed by prominent institutions in the industry — ParaFi, Pantera, FalconX, Phoenix Capital. This lineup is quite impressive.
Even more exciting, this afternoon there are reports that three institutions, GALAXY, JUMP, and MULTICOIN, are planning to raise $1 billion specifically to buy SOL.
With so many major institutions quietly preparing funds to buy SOL at the bottom, it indicates that SOL hasn't really started a major rise yet, and there's still plenty of time to enter the market.
Additionally, Old Jin has previously mentioned that there is a high probability that the SOL spot ETF will submit an application and get approved in mid-October, and the market usually tends to speculate on such expectations in advance.
So, now is the perfect time to position for SOL; it’s definitely not too late.
