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"Every crypto cycle is the same: Bitcoin rallies first, then altcoins, starting with Ethereum and large caps. After a big ETH run, it looks like SOL’s turn is up, and it has lots of room to run.
That’s because Solana has seen lots of institutional adoption, including the creation of more than a dozen treasury companies that have been accumulating billions of dollars of SOL.
With a spot Solana ETF approval imminent and a massive upgrade coming later this year, SOL looks ready to hit new all time highs. Today we look at just how high it could go. Enjoy!"
~ Coin Bureau
This video from Coin Bureau discusses Solana's recent developments and future potential, particularly in light of renewed interest in altcoins. It highlights several key milestones, including R3 bringing 25 networks in the Corda ecosystem to Solana, the launch of Solana's attestation service, and MetaMask adding support for Solana, signalling its growing importance in the crypto industry. The video also touches on the expansion of institutional lending protocols like Maple Finance to Solana and the launch of tokenized stocks (X stocks) by Backed Finance on the platform, which can be traded without KYC directly from a Solana wallet. Furthermore, Solana Treasury companies have been accumulating a significant portion of Soul's supply, and a state Solana ETF was launched by Rex Shares and Osprey Funds.
The video also delves into Solana's strategic moves, such as its partnership with Bullish for an institutional stablecoin push and the success of Pump.fund's ICO, indicating continued retail engagement. The shipping of Solana's Seeker phone, with 50,000 units delivered, is presented as a crucial part of Solana's new mobile-focused strategy to onboard non-crypto natives by offering affordable devices with built-in crypto features and potential airdrops. Technically, the Solana Foundation launched Solana Bench for AI protocols, and an upcoming upgrade called Alpenlow aims to reduce block finality time significantly. Despite challenges like a declining number of active wallets and competition from other blockchains, the video maintains a bullish outlook on Solana, citing institutional accumulation and the imminent launch of spot ETFs as factors that could drive Soul's price significantly higher, potentially reaching $600-$700 by flipping XRP in market cap.
0:00 Intro
1:33 Solana R3 Partnership, Tokenized RWAs On Solana
4:38 Solana Treasury Companies, Spot Solana ETFs
8:39 SOL Price Analysis And 2025 Price Prediction
13:36 Solana Roadmap Milestones 2025
16:26 Solana Challenges And Competition In 2025
Source - Coin Bureau YouTube: https://www.youtube.com/watch?v=27E-V95HWT4
Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.
