2024

Solana

Value

Coin

<ul class="news-points">
 <li>Nic Puckrin has spotted a crucial signal that could push Solana’s price to $1,300. </li>
 <li>Institutional buyers are willing to gain SOL exposure at an implied price of over $1,300.</li>
 <li>Solana’s recent rebound restored investors’ confidence in the altcoin.</li>
</ul>
Coin Bureau CEO Nic Puckrin has identified a crucial signal that could propel Solana’s price to $1,300. In a recent post, Puckrin revealed that the Grayscale GSOL trust is trading near all-time highs and at seven times the Net Asset Value (NAV).
<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SOL</a> to $1,300?? The Grayscale GSOL trust is trading near all time highs &amp; at 7x the NAV. These institutional buyers are willing to gain <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SOL</a> exposure at an implied price of over $1,300 <a href="https://t.co/U65KU9WT5F" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/U65KU9WT5F</a>— Nic (@nicrypto) <a href="https://twitter.com/nicrypto/status/1815679348751409618?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 23, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
According to Puckrin, institutional buyers are willing to gain SOL exposure at an implied price of over $1,300. He supported his position by attaching a performance chart of the digital asset to his post, showing the asset’s market price as of July 22 was $524.49, while its NAV per share was $68.40.
Puckrin’s observation comes amid growing bullish sentiment for Solana. This follows a significant rebound after a recent pr…
The post <a href="https://coinedition.com/grayscale-solana-trust-gsol-nears-all-time-highs-1300-sol-price-target-on-horizon/" rel="noopener noreferrer nofollow">Grayscale Solana Trust (GSOL) Nears All-Time Highs, $1,300 SOL Price Target on Horizon</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Grayscale Solana Trust (GSOL) Nears All-Time Highs, $1,300 SOL Price Target on Horizon

Coin Edition

2024년 7월 23일에 게재된 다른 기사

Toshi Fails To Catch Up with Moonbag's Growing Success

Bitcoin Price To Hit $70,000 With $485M BTC ETF Volume and Ethereum ETF Fuelling the Rally

BlockFi Sells FTX Claims at Significant Premium

ENS Emerges as Top Crypto Gainer Despite Market Calm

Riot subsidiary Whinstone US sues former JV partner over revenue flow

'Rich Dad Poor Dad' Author Robert Kiyosaki Predicts Bitcoin, Gold, And Silver Prices Will Soar If...

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!