$SOL

Will SOL Break New Highs Again?

A big news last night: Pantera Capital announced plans to raise up to $1.25 billion, aiming to acquire a publicly listed company and transform it into an investment platform focused on Solana - 'Solana Co.'

What does this mean? Institutional funds are clearly betting on Solana, not just buying coins, but aiming to treat the entire ecosystem as a 'long-term track'.

For the market, this directly increases the scarcity of SOL:

Once institutions enter the market, the lock-up period is generally longer

The new platform will bring more attention and liquidity

Market confidence is reinforced, and bulls have reasons to continue increasing their positions

Currently, SOL is oscillating at a high level, with sufficient turnover of chips. As long as the funding environment continues to be favorable, the probability of breaking the previous high and refreshing historical highs is not low.

In the short term, watch for support levels not to be broken; in the medium to long term, as long as institutions keep increasing their positions, the trend remains upward.