Growing institutional adoption is the main drive behind Solana’s performance over the past month.
$SOL is currently up 29.54% over the last 30 days and the momentum hasn’t died out yet. The token trades at $239 at the time of writing, after consolidating its position around the $240 threshold.
That’s where we are now, in a 6-month rally that saw $SOL trading close to $250 yesterday and it’s nowhere near over.
Everything points at a coming ATH for $SOL in Q4, most likely in October. The main drive? The growing number of Solana treasuries taking a page out of Strategy’s playbook and hoarding $SOL in massive numbers.
Forward Industries is the closest to replicate Strategy’s success with its massive Solana holdings, but it’s not the only one.
9.352M of them are already in staking pools.
And now we have Brera Holdings, which raised $300M through a private placement to fund its Solana Digital Asset Treasury, backed by Ark Invest and UAE investors.
The official press release also highlighted the main catalyst behind the growing investor confidence in the protocol:
Solana is recognized as the fastest-growing blockchain in the world, processing more transactions and generating more on-chain revenue than all other blockchains combined.
The conclusion is clear: $SOL is clearly on track to a new ATH by the end of the year. Most importantly, it will happen sooner rather than later.
With that in mind, Snorter Token comes as another potential hit in 2025, given that the presale just passed the $4M mark.
Snorter Bot makes coin hunting safe with the help of its native scam detectors, which warn against suspicious projects like honeypots and rug pulls. This serves as an entry ticket for novice traders who avoid engaging with the crypto market out of fear of losing their funds.
The Bot is also very easy to use, creating even more incentive for beginners to join in. You only need to join the Telegram chat where the Bot operates, set it up according to your investment strategy, and watch it work its routine.
The Copy Trading feature also allows you to borrow other traders’ successful strategies if you don’t have one of your own.
The presale just reached $4M with a token price of $0.1051, which means this is the perfect time to invest. With Solana showing signs of an end-of-the-year bull, we expect the Snorter Token presale to see growing investor support.
This isn’t financial advice. Do your own research (DYOR) before investing.
