Solana Becomes a ‘New Wall Street’ as Snorter Token Presale Burns Red Hot

In a recent conversation with Solana Labs, Bitwise’s CEO, Matt Hougan called Solana ‘the new Wall Street’.

He claimed that institutional players and market participants are starting to view specific blockchains as the on-chain equivalents of traditional financial infrastructure, and argues that Solana fits this role.

There’s also the growing recognition from prominent financial institutions and regulators that stablecoins and tokenized securities can reshape payments and securities markets. This makes token-based markets increasingly acceptable to large investors.

Solana’s high speed and efficiency turn it into a next-generation Wall Street built on the blockchain. Its ability to process thousands of transactions per second is drawing massive investor attention not just to $SOL but also to new Solana projects.

One of these is Snorter token ($SNORT), which is now in presale and gaining strong momentum.

High Volumes, Major Upgrades, and ETF Hype: Solana’s Evolution Into a Financial Powerhouse

Solana has always been in the limelight and for good reason. For starters, Solana recorded an extremely high DEX volume in Q3, 2025 ($326B), marking a strong quarter.

Secondly, upgrades in the Solana network, such as Alpenglow and Firedancer, along with claims of dramatic latency and throughput improvements, have positioned $SOL as the coin ideal for finance-style trading.

Notably, Solana’s DeFi ecosystem recently surpassed $13.2B in TVL, marking a new high for the network. As more users are flocking towards Solana’s DeFi rails, the network is solidifying its role as a core financial layer.

On top of this, Solana’s technicals are flashing strong bullish signals across key indicators. The price is trading well above its 20- and 50-day EMAs (89,100 and 62,580), confirming a solid uptrend backed by a robust ADX of 43.08, signaling powerful trend strength.

With RSI at 71.62 and a sharply positive MACD reading of 18,777, buying pressure remains dominant, suggesting $SOL could continue to rally in the coming days.

Source: TradingView

Recent reports also suggest that $SOL’s price broke above $200, with strong green candlesticks, and is approaching $240. A breakout above $245–$250 will likely trigger a strong rally.

As Solana continues to be recognized as the backbone of next-generation financial infrastructure, newer tokens built on its network also benefit from the halo effect.

One such example is Snorter Token, which is gaining massive attention from investors as they view the asset as more credible because of its association with the Solana blockchain.

Snorter Token ($SNORT): The Fastest, Cheapest, and Most Ruthless Trading Bot on Solana’s Blockchain Jungle

Snorter Token ($SNORT) is the utility and governance token that powers the Snorter bot ecosystem. $SNORT is built on both Solana and Ethereum, unlocking a wide range of real trading benefits within the Snorter Bot.

Snorter Bot is a Telegram-based trading assistant that helps you trade fast, safely, and smartly in the fast-paced memecoin and DeFi markets. By integrating everything directly into Telegram, it eliminates the need for multiple apps or browser extensions. Some of the other features of the snorter bot include:

• Trade or snipe new tokens instantly (sub-second execution).
• Detect scams and rug pulls with built-in fraud detection.
• Copy-trade top-performing wallets in real time.
• Track portfolio and profits directly inside Telegram.

In essence, it provides the same speed and tools as advanced bots, but in a much simpler and safer interface. At the heart of it all lies the Snorter Token — the key that powers the entire ecosystem. Holding $SNORT could help you enjoy benefits like lower fees, access to premium features, staking rewards, and governance rights.

Having already raised over $4.3M, the Snorter Token presale is catching fire. Priced today at $0.1069 per token, the presale ends in just two weeks. Whales are already circling in stacking their bags with $SNORT worth $107.1K and $91.1K.

A $500 investment at today’s presale price could grow into $8,978, if our expert $SNORT price prediction materializes ($1.92 by 2026).

Secure $SNORT today at its lower-tier price before it hits exchanges.

Disclaimer: This content has been supplied by a third party contributor. Brave New Coin does not endorse or promote any products or services mentioned herein. Readers are encouraged to conduct independent research before making any financial decisions. The information provided is for informational and educational purposes only and should not be interpreted as investment advice.