SOL Dips Under $144—But Solana’s Nasdaq Ambitions Signal Bigger Bets Ahead
Solana's native token takes a hit while its foundation plays Wall Street's game.
Price Pressure vs. Institutional Push
SOL's slide below $144 today contrasts sharply with Solana Strategies' quiet Nasdaq lobbying—proving once again that crypto winters never freeze the suits' ambition. The layer-1 blockchain's token bled 8% overnight, testing a support level not seen since the last Fed rate hike.
Meanwhile, Solana's shadowy institutional arm keeps courting traditional finance like a startup chasing VC funding. Their Nasdaq whisper campaign suggests everything from a futures ETF to good old-fashioned stock listings. Because nothing screams decentralization like SEC filings.
Volatility? What volatility? While retail traders sweat the charts, Solana's big-money backers are playing the long con—betting that regulatory coziness will pay off when the next bull run hits. After all, when has mixing crypto and Wall Street ever gone wrong?