The Solana Treasury Bet Attracts Institutional Interest

Key figures from Jump Crypto, Pantera Capital, Drift, and Galaxy Digital shared insights at TOKEN 2049’s Solana Treasury Bet roundtable in Singapore.

This discussion highlights Solana’s growing appeal among institutional investors due to regulatory changes, showcasing Solana’s potential for significant revenue growth and ongoing market consolidation trends.

Solana Emerges as Institutional Favorite Amid Crypto Developments

Jason Urban, Global Head of Trading, Galaxy Digital, said, “Under the new US regulatory environment, many L1 and L2 are no longer considered securities, which opens the door for public companies to acquire cryptocurrencies in large quantities and trade them on the public market.”

The adoption of DAT impacts how institutions integrate crypto into existing treasury systems, illustrating the ongoing attraction for traditional investors. Pantera Capital’s Cosmo Jiang pointed out that Solana’s potential $2 billion annual revenue and consistent growth are appealing to the public market.

Reactions remain optimistic as Solana’s revenue prospects entice investors. David Lu of Drift stated that if Drift underperforms against SOL, investors should consider holding SOL longer-term.

Optimistic Outlook as Solana Revenue Poised for Growth

Did you know? The Solana Treasury strategy mirrors historical moves by companies like MicroStrategy with Bitcoin, marking a shift in corporate treasury approaches.

Solana (SOL) is valued at $232.47 with a market cap of $126.37 billion, representing a 3.06% market share. Recent trading volume of $9.33 billion shows a 9.57% change. Over 90 days, SOL’s price increased by 56.76%, data by CoinMarketCap shows.

Coincu research highlights the impact of regulative clarity and technological advancements in Solana’s growth. Experts underscore favorable conditions for market expansion as regulatory landscapes evolve, supporting Solana’s rise in institutional treasuries.