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SOL Soars as Novogratz Declares Solana ’Tailor-Made’ for Finance—Analyst Targets $1,314 Breakout

SOL Soars as Novogratz Declares Solana ’Tailor-Made’ for Finance—Analyst Targets $1,314 Breakout

Author:
Coindesk
Published:
2025-09-12 17:12:56
12
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SOL Rallies as Novogratz Calls Solana ‘Tailor-Made’ for Financial Markets, Analyst Sees $1,314 Target

Solana rockets upward as banking heavyweight Mike Novogratz crowns it the perfect infrastructure for global markets. That institutional endorsement—coming from someone who's seen more market cycles than most traders have hot dinners—sends SOL climbing.

Technical analysts now chart a path toward $1,314, a target that would make even Bitcoin blush. Not bad for a network that was left for dead just a couple of years ago.

Meanwhile, traditional finance veterans scratch their heads—watching from the sidelines as a decentralized blockchain outpaces their legacy systems. Maybe if they spent less time on compliance workshops and more on code, they’d keep up.

Solana’s speed and low-cost transactions aren’t just nice-to-haves; they’re becoming non-negotiables in high-frequency trading. And let’s be real—Wall Street loves anything that makes money faster, even if they don’t fully get how it works.

So while bankers debate risk committees and regulatory hurdles, SOL’s chart does the talking. Up only? Looks that way. For now.

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