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People Are Lining Up To Buy Gold – Is Bitcoin Losing Retail Demand?
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This Award-Winning Bitcoin Documentary Starts Streaming Soon

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A new Bitcoin documentary is scheduled to release on several streaming services soon. Unbanked will premiere on Halloween, celebrating the 17th anniversary of Satoshi Nakamoto’s white paper.

The film looks at BTC’s real-world impact, featuring footage from four continents and interviews with prominent industry figures. It has already won multiple accolades, but Unbanked’s creators want to go even further.

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A New Bitcoin Documentary

Over the last few years, Bitcoin has been home to many documentaries, from famous crimes to Satoshi Nakamoto’s identity and more. In the next few weeks, one more will join their ranks, as Unbanked will premiere on Apple TV, Amazon Prime, and Google TV this Halloween:

Unbanked will be released on the anniversary of Bitcoin’s original white paper, and the documentary covers the first cryptoasset’s impact. Previous films have documented the story of BTC’s origins, but Unbanked is taking a different approach.

Instead, this documentary aims to record how Bitcoin has actually changed users’ lives. It includes on-the-ground footage from four different continents, as well as exclusive interviews from crypto luminaries like Michael Saylor, Jack Dorsey, Erik Voorhees, and more.

A Cultural Moment for Crypto?

Although this Bitcoin documentary hasn’t been publicly released yet, its creators have still been taking it on a screening circuit around the US.

Unbanked has competed in multiple awards shows, already winning Best Documentary at the Manhattan Film Festival and a Spotlight Award at the Harlem International Film Festival. The team also plans to conduct an Oscar campaign, but this is a highly ambitious undertaking.

Still, crypto has been gaining a lot of mainstream acceptance lately thanks to political breakthroughs and TradFi investment. Strictly speaking, now might be the best time for a Bitcoin documentary to aim for real cultural accolades like this.

In any event, Unbanked could be a significant moment for the industry. The most recent major Bitcoin documentary caused a meaningful real-world splash, but this one might be even bigger. For now, though, we’ll just have to wait and see.

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XRP
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New XRP ETF Filing Set To Hit The Books With Another Major Twist

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

ETF issuer Volatility Shares recently filed with the US SEC to launch highly leveraged XRP ETFs, alongside other cryptocurrencies and stocks. Particularly, Volatility Shares has decided to file for a 5× leveraged XRP ETF, a move that caught many traders and analysts off guard. 

Discussions have intensified among investors following the filing, as it stands out as one of the boldest attempts yet in the crypto ETF world, especially since the SEC has yet to even approve any 3× leveraged crypto products.

Volatility Shares’ Expansive ETF Filing

According to filings, Volatility Shares is planning to launch both 3x and 5x leveraged ETFs tracking the price of XRP alongside other major cryptocurrencies such as Solana, Bitcoin, and Ethereum. The ETF proposed by Volatility Shares will use futures, swaps and options to achieve a magnified daily performance exposure.

The move signals that the issuer is prepared to push the limits of what the US Securities and Exchange Commission (SEC) might tolerate, creating a major twist in the increasing popularity of investment funds linked to digital assets. If approved, the earliest activation date for these leveraged ETFs is December 29, 2025.

Market analysts were taken aback, with the filing seeing mixed reactions on social media platforms. ETF expert Henry Jim announced the scope of Volatility Shares’ filing on the social-media platform X. In his post, he exclaimed, “Sonic BOOOM! — 27 leveraged 3× and 5× single-stock ETFs filed by Volatility Shares!

His list of the Volatility Shares’ filing included tech heavyweights such as AMD, Amazon, Google, Nvidia, Palantir, and Tesla, alongside crypto-focused funds for Bitcoin, Ethereum, Solana, and XRP, and crypto-related stocks such as crypto exchange Coinbase and Bitcoin treasury firm Strategy. The extensive slate indicates that Volatility Shares is attempting to corner both the equity and crypto leverage markets.

Bloomberg ETF analyst Eric Balchunas also expressed astonishment regarding the filings. Balchunas added that the firm could be making an option on a long-term government shutdown, since if there’s no SEC action in 75 days, they can launch.

Risks Of Highly Leveraged ETFs

Volatility Shares’ proposal for a 5× leveraged ETF comes in the aftermath of the most severe crypto market liquidations, where over $19 billion was wiped out across crypto exchanges in a single weekend. Data from derivatives platforms showed that the majority of those liquidations came from highly leveraged positions. 

Therefore, these proposed ETFs are a double-edged sword in terms of contributions to the crypto market. For one, it could provide an avenue for more institutional funds into XRP and other cryptocurrencies. If successful, these ETFs could also set a precedent for future high-risk crypto products in the US market. 

On the other hand, the risk is also magnified. If XRP falls by 2% in a day, the 5× leveraged fund will lose 10%, and that’s just in one day.

XRP
XRP trading at $2.2 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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DOGE Dumps Hard, but History Suggests a Whopping $7 Target
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DOGE Dumps Hard, but History Suggests a Whopping $7 Target

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Dogecoin trades near $0.18 after a 29% weekly drop. Analysts track repeating cycles that could push price to $5–$7 if trends hold.

Dogecoin is trading around $0.18 after dropping more than 29% over the past week. The asset is down by 9% in the past day alone.

Despite the decline, some analysts point to long-term price patterns that may repeat. If the structure follows past cycles, a sharp move higher could follow.

Dogecoin Follows Repeating Market Cycles

The chart from Bitcoinsensus shows three repeating cycles in Dogecoin’s history. Each starts with a large drop, followed by a long sideways phase, and then a strong rally.

Cycle 1 raised the profit to over 5,800% at its close. Cycle 2’s growth was even bigger, as it exceeded 21,000% and hit $0.74 in 2021. Indications of Cycle 3 are visible already. Assuming the same scenario occurs again, the price may then go for $5 to $7. Up until now, the setup remains legitimate (even though unlikely), but a breakthrough has not occurred.

Weekly Chart Shows Possible Rebound Setup

A chart shared by Trader Tardigrade shows Dogecoin on a weekly view. It highlights a long lower wick, similar to those seen before earlier rallies.

The chart uses a wave structure, suggesting that DOGE may be nearing the end of a correction. If true, the next move could form wave five, leading to higher prices. The projected path shows a rise toward $1.50. For that to happen, the asset must stay above key support levels and push past resistance.

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Another post from Trader Tardigrade shows Dogecoin in three stages: consolidation, slow trend, and parabolic move. The current phase is labeled as parabolic, based on rising lows and stronger price movement.

Source: Trader Tardigrade/X

If the path holds, the chart points to a possible rise above $1. This move depends on continued strength and steady buying over time. The setup builds on the price history seen in earlier cycles.

Current Market Position

This week, Dogecoin has come out as the biggest loser among the top 20 cryptocurrencies. Its current price is approximately $0.18, accompanied by a 24-hour trading volume surpassing $3.6 billion.

However, the launch of House of Doge through a Nasdaq merger also adds to its longer-term presence in the market. Currently, traders are monitoring crucial points to determine if the formation will lead to a robust rise in price.

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XRP
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Analyst Warns XRP Investors That A Supply Squeeze Is Coming And What It Means For Price

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A potential XRP supply squeeze may be brewing, and new insights from leading market watchers suggest that the impact on price could be significant. Crypto analyst Zach Rector has warned that the long-dismissed ”XRP supply shock” narrative is no longer just talk. As more XRP is locked, tokenized, and deployed in Decentralized Finance (DeFi) ecosystems, the available supply continues to tighten.

XRP Supply Shock To Evolve From Meme To Market Reality 

Crypto analyst Zach Rector ignited discussions about XRP’s circulating supply this week after posting on X social media that the “XRP supply shock is not just a meme anymore.” Rector explained that while the concept once seemed exaggerated, developments within the Flare ecosystem are now turning it into a measurable market trend, where on-chain demand could limit liquidity over time. 

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Rector revealed that he recently minted 100 FXRP, adding to the 90 FXRP he created the previous week, to explore how XRP could generate yield with the Flare ecosystem without leaving the XRP Ledger. He emphasized that the altcoin’s growing role in DeFi is one of the key dynamics investors should watch as more assets are bridged and locked. 

Supporting this, Rector shared a Whale Alert report showing that 4,000,000 XRP, worth more than $11.21 million, had been locked in escrow in a Flare core vault linked to the XRP Ledger. He revealed that once XRP is locked, it is minted and represented as FXRP on the FlareNetworks, effectively removing it from active circulation while enabling yield generation. 

Rector disclosed that Flare’s Chief Executive Officer, Hugo Philion, previously stated that the company’s long-term target is to tokenize up to 5% of the total XRP supply within its network. Such a move could significantly impact liquidity and potentially create upward price pressure if demand for the cryptocurrency continues to climb. 

Following the analyst’s post, the Flare community on X responded positively, emphasizing that the network is creating new yield opportunities for XRP holders and driving ecosystem growth. 

Flare’s Expanding DeFi Role Through XRP

In a separate update, FlareNetworks released a performance chart on X showing that FXRP activity and Total Value Locked (TVL) have been rising sharply since early September 2025. The chart indicates sustained growth in FXRP minting and redemption, signaling an accelerating participation across the network’s DeFi infrastructure.

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Flare stated that each FXRP cap increase has triggered new waves of on-chain financial activity, gradually establishing the network as a significant influence in XRP’s DeFi adoption within the Ethereum Virtual Machine (EVM) ecosystem. 

Source: Chart from FlareNetworks on X

Further analysis from MessariCrypto’s Pulse Report supports this trend. The report found that FXRP minting has surpassed 30 million tokens, with TVL climbing by more than 25% in recent weeks. Messari also highlighted how key features within the Flare ecosystem, including “FAssets incentives, USDT0_to  liquidity, and the upcoming Firelightfi staking layer,” are transforming XRP from a non-productive asset into one capable of generating returns. 

XRP
XRP trading at $2.23 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

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Ethereum STH NUPL
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Ethereum Falls Below $4,000, But A Price Rebound Could Be Near

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Ethereum has slipped below the $4,000 mark for the first time this month, trading around $3,727 at press time. 

The decline reflects the lack of broad market support that has affected most major cryptocurrencies. Still, investors appear to be stepping in, signaling potential for a recovery in the coming days.  

Ethereum Investors Show Support 

The short-term holder Net Unrealized Profit/Loss (STH-NUPL) ratio recently dipped into the capitulation zone, indicating that most short-term holders are now realizing losses. Historically, this phase often precedes a market rebound as selling pressure eases and new demand begins to build. Ethereum’s current position mirrors past cycles where such loss conditions triggered a price reversal.  

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Many speculative holders who entered during the recent rally are now facing losses, but this may not be entirely negative. These market conditions typically lead to renewed optimism as investors look to reaccumulate at lower levels. The same pattern could soon apply to Ethereum, with long-term holders reinforcing market confidence.  

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Ethereum STH NUPL. Source: Glassnode

Despite the recent pullback, Ethereum’s on-chain data reflects resilience among holders. HODL waves show that the majority of investors are maintaining their positions rather than exiting. This suggests growing conviction that Ethereum remains on track for a medium-term recovery.  

Interestingly, many short-term holders have transitioned into the 3–6 month holding bracket, which now controls 11.94% of the total ETH supply. Such accumulation typically supports market stability and can act as a base for upward movement. 

Ethereum HODL Waves
Ethereum HODL Waves. Source: Glassnode

ETH Price May Bounce Back

Ethereum’s price currently sits at $3,727, having fallen from $4,000 in the past 48 hours. However, technical indicators suggest that the altcoin may soon see a reversal, with investors preparing to defend key support levels.  

If Ethereum bounces off the $3,742 support line, it could climb back toward $4,000. A successful breach of that barrier would likely push ETH higher, targeting the $4,221 level once again. This movement would align with historical recovery trends seen after periods of capitulation.  

ETH Price Analysis
ETH Price Analysis. Source: TradingView

Still, a failure by investors to sustain momentum could trigger a deeper correction. Should the market sentiment turn bearish, Ethereum may decline toward $3,489. A drop below this level would invalidate the short-term bullish outlook, delaying any potential rebound.  

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Ripple XRP news
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$1 Billion XRP Buying Pressure Ahead: Ripple Labs Plans DAT

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ripple Labs is spearheading an effort to raise at least $1 billion to accumulate XRP via a new digital-asset treasury, or DAT, according to Bloomberg, signaling that the latest bout of market turmoil has not dislodged heavyweight players from advancing aggressive balance-sheet strategies tied to crypto assets.

$1 Billion XRP Buying Pressure Ahead?

People familiar with the matter told Bloomberg the vehicle would be capitalized through a special purpose acquisition company (SPAC), with Ripple also planning to contribute some of its own XRP. “Representatives for Ripple did not respond to requests for comment. Exact terms of the transaction remain under discussion and could change,” Bloomberg reported, underscoring that while the plan is live, its contours are not yet finalized.

The timing places Ripple’s move squarely against a fragile market backdrop. A week after a heavy selloff triggered record liquidations, sentiment remains brittle. Against that context, the contemplated DAT is notable on several fronts.

First, the scale: “Ripple Labs Inc. is leading an effort to raise at least $1 billion to accumulate XRP,” Bloomberg reported, adding that if completed, “it would be the biggest one to focus on XRP.”

Second, the structure: a SPAC-funded DAT reflects the 2025 wave of publicly listed token accumulators that have proliferated through reverse takeovers or SPAC listings. Bloomberg observed that “throughout 2025, digital-asset boosters set up an array of publicly listed token accumulators,” noting that “today, there are more than 300 entities holding Bitcoin alone, according to BitcoinTreasuries.net.”

The Market Backdrop

While Bitcoin-focused treasuries dominate that landscape, Bloomberg emphasized that “XRP hasn’t drawn the same level of interest from DAT investors as Bitcoin.” This initiative would attempt to change that balance. By design, a DAT channels committed capital into a defined acquisition mandate—here, XRP—creating programmatic buy-side flow that can be measured against circulating supply dynamics and secondary-market liquidity.

The framing of $1 billion in potential purchasing capacity invites obvious questions about incremental demand. Yet the wire also cautions that investor appetite for token accumulators has cooled: “Investors have also gotten more skeptical about DATs, with shares of major crypto accumulators including Michael Saylor’s Strategy Inc. and Japan’s Metaplanet Inc. posting steep declines in recent months.” That skepticism is precisely the environment in which Ripple is attempting to stand up a new vehicle.

While XRP-specific accumulation vehicles have been relatively scarce compared to Bitcoin, there are a few already established: In May, sustainable-energy firm VivoPower International announced a $121 million fundraising.
Notably, the report comes the same day that Ripple agreed to buy treasury management software provider GTreasury for $1 billion, according to a Thursday announcement.

At press time, XRP traded at $2.33.

XRP price
XRP price, 1-day chart | Source: XRPUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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Extreme Fear Creeps Back Into the Crypto Market as Bitcoin Tanks by $20K in Days
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Extreme Fear Creeps Back Into the Crypto Market as Bitcoin Tanks by $20K in Days

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The last time investors were this fearful was in early April when BTC traded around $76,200.

For the first time in more than six months, crypto investors are experiencing deep fear. This bearish sentiment comes amid a broader market decline and bitcoin’s (BTC) dive to the $103,000 level.

Data from Alternative.me shows that the Crypto Fear and Greed Index has fallen to a level that signals extreme fear among investors. The last time investors were this fearful was in early April when BTC traded around $76,200.

Extreme Fear Grips Investors

The Crypto Fear and Greed Index gauges investor sentiment by analyzing several factors, including market volatility, momentum, trends, BTC dominance, and social media. The metric reads from 0 to 100, with the former signaling extreme fear and the latter number indicating extreme greed. When the market has a neutral sentiment, the index hovers around 50.

Currently, the index sits at 22, a range that signals extreme fear. Last week, it hovered around 64, indicating a greedy sentiment among investors as BTC mostly hovered above $120,000. It is worth mentioning that the index dived from the greed level to the fear range as BTC plummeted amid the market crash on October 10.

As BTC recovered from last week’s carnage, the index climbed a little. However, the ongoing correction has triggered a deeper plunge in the metric. The current state of the market has triggered different reactions from several analysts. Some predict more pain in the coming days before the bulls take over and bring the “Uptober” positive seasonality to play. Others claim that the bull run is over and it will be downhill from here until the end of the bear market.

Either way, periods where fear has dominated the market often present buying opportunities to investors.

More Pain Incoming?

While observers and participants await the market’s next step, Bitcoin liquidations are increasing by the hour. In the last 24 hours, over 305,000 traders have been liquidated for more than $1.2 billion. Long positions account for at least $917 million, while short trades have been wrecked for more than $261 million.

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However, BTC bounced in the past few hours after US President Donald Trump said the tariffs on China he announced last week won’t stand. Additionally, he and President Xi are set to meet in two weeks.

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Ripple
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Is BlackRock About To Go Public With Ripple And XRP? Here’s What We Know

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Rumors are circulating that BlackRock has partnered with Ripple to tokenize real-world assets on the XRP Ledger (XRPL). There has been no confirmation from either party, suggesting that these rumors may not be accurate.  

Rumors Circulate About BlackRock’s Partnership With Ripple and XRP

In an X post, XRP influencer JackTheRippler said that there are rumors that BlackRock is about to announce a partnership with Ripple to tokenize assets on the XRPL. Other XRP influencers, such as CryptoSensei and Bale, also shared the rumor, sparking excitement among XRP community members. 

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However, BlackRock and Ripple have yet to issue an official announcement about the rumored partnership, suggesting these claims may not be true. However, BlackRock CEO Larry Fink confirmed that they are building their own technology to tokenize several of their funds and expand their crypto offerings. 

The BlackRock CEO noted that tokenization can help crypto-native investors access more traditional assets. He further remarked that if they could tokenize an ETF, they could get these investors into the more traditional long-term retirement products. Notably, the asset manager already has products, such as its tokenized money market fund, BUIDL, which runs on the Ethereum network. 

It is worth mentioning that Ripple already partnered with the fund’s manager, Securitize, to enable off-ramp support for BlackRock’s BUIDL using their RLUSD stablecoin. This has so far been the closest to a partnership between Ripple and BlackRock amid rumors that the asset manager plans to tokenize assets on the XRP Ledger. 

However, Ripple has so far helped advance upgrades to the XRP Ledger, which could compel institutions like BlackRock to tokenize their funds on the XRPL. This has included the launch of the Multi-Purpose Token (MPT) standard, which is designed to simplify the tokenization of real-world assets (RWAs). 

Ripple Expands Into Treasury Markets

While rumors of a Ripple and BlackRock partnership do not appear to be accurate, there are other recent developments that provide a bullish outlook for XRP. This includes Ripple’s expansion into the corporate treasury markets through the $1 billion acquisition of GTreasury, a provider of treasury management systems. 

Related Reading

As part of the deal, Ripple and GTreasury will focus on enabling customers to carry out real-time cross-border payments using Ripple’s payment solution, in which XRP serves as the bridge currency. Meanwhile, according to Bloomberg, Ripple is also working to raise up to $1 billion to establish an XRP treasury company. The crypto firm plans to contribute some of its XRP holdings to set up the firm, while the proposed $1 billion is expected to be raised through a special purpose acquisition company (SPAC). 

At the time of writing, the XRP price is trading at around $2.35, down over 2% in the last 24 hours, according to data from CoinMarketCap.

XRP trading at $2.2 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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Hong Kong Firm Invests $200 Million in Tether Gold and Bitcoin Mining
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Tom Lee Thinks Ethereum Could Flip Bitcoin — Here’s Why

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Tom Lee, co-founder of Fundstrat and chairman of BitMine Technologies, predicts that Ethereum could “flip” Bitcoin — just as Wall Street outgrew gold’s role in the modern financial system.

The executive also forecasted that ETH could reach $60,000 by 2030, representing an approximately 1,510% increase from its current price of $3,727.

Why Ethereum Could Challenge Bitcoin’s Market Leadership

In an interview with ARK Invest’s Cathie Wood and Brett Winton on Thursday, Lee drew a historical parallel to explain why he believes Ethereum could eventually overtake Bitcoin in market value. He pointed to 1971, when the United States abandoned the gold standard. This move initially sent gold prices higher as investors sought security in a tangible asset.

Nonetheless, it was Wall Street’s innovation — the creation of money market funds, mortgage-backed securities, and other financial instruments — that ultimately reshaped global markets and cemented the dollar’s dominance. Over time, equities and financial products built around the dollar grew to overshadow gold, which remained valuable but static.

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“In 1971, the dollar became fully synthetic because it was no longer backed by anything, and so there was a risk that the world would go off the dollar standard. So in stepped Wall Street to create products to propagate the future of Wall Street. Dollar dominance by the end of that period went from 27% of GDP terms to 57% of central bank reserves and 80% of financial transaction quotes,” Lee detailed.

Lee suggested that a similar dynamic is now unfolding in crypto. He noted Bitcoin is the digital gold — a pristine store of value. Meanwhile, Ethereum represents the infrastructure where the next wave of financial products and tokenized assets will be built.

“In 2025, we think everything is now becoming…tokenized. So as we move not just dollars onto the blockchain, which is stablecoins, but we’ll move stocks and real estate  dollar dominance is going to be the opportunity of Ethereum. So digital gold is Bitcoin. And so in that world, we believe Ethereum could flip Bitcoin similar to how Wall Street and equities flipped gold post 71,” Lee noted

However, the executive emphasized that this remains a “working theory.” He also added that he remains bullish on Bitcoin, projecting a long-term fair value between $1.5 million and $2.1 million.

Lee also sees ETH reaching as high as $60,000 per token by the end of the decade. In the near term, he has also forecast $200,000 for Bitcoin and $10,000–$12,000 for Ethereum by the end of 2025, highlighting confidence in both assets.

Ethereum’s Developer Surge Fuels Its “Flip” Potential

While Ethereum currently trails Bitcoin in market capitalization, it has already surpassed it in one critical area: developer activity. Ethereum Foundation highlighted that 16,181 new developers joined its ecosystem between January and September 2025.

Solana followed with 11,534 developers. In addition, Bitcoin attracted 7,494 during the same period.

“By a wide margin, developers new to crypto prefer the Ethereum ecosystem. In 2025, Ethereum is still home to the largest developer ecosystem of any blockchain,” the post read.

As adoption broadens and smart contract innovation continues, Ethereum’s platform dominance expands. Whether Ethereum surpasses Bitcoin in market cap remains uncertain, but Lee’s forecasts and the ongoing developer migration highlight the growing belief that programmable assets and DeFi will define the next era in global finance.

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DeFi Development & a16z Pour Millions Into SOL – SNORT Presale Ends in 3 Days Before Solana Bot Debut
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Revival Coming as $SNORT Presale Ends in 3 Days?

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Quick Facts:
1️⃣ A big week for Solana as a16z pours $50M into staking firm Jito and DeFi Development Corp scoops up 86K SOL worth $9.5M.
2️⃣ Collectively, Solana treasury firms now hold about 13.5M SOL valued at roughly $2.3B, marking a 466% rise year-to-date.
3️⃣Snorter Token is gearing up to launch its trading bot on Solana after its presale close in three days.
4️⃣ The bot is positioned to benefit from the growing institutional confidence on the network.

Institutions are scooping up Solana like there’s no tomorrow.

This week alone, DeFi Development Corp just purchased an additional 86K $SOL worth roughly $9.5M. Meanwhile, Andreessen Horowitz’s a16z just invested $50M into Jito Foundation, a Solana staking protocol.

It’s awesome news for projects building on Solana, like Snorter Token ($SNORT), which is getting set to launch its trading bot on Solana – after its presale closes in just three days.

Solana Treasures Hold $2.3B Worth of $SOL

Collectively, the nine Solana treasury firms hold around 13.5M $SOL, valued at roughly $2.3B – a head-turning 466% increase year-to-date.

Among them, Forward Industries has acquired the largest amount of $SOL at 6.82M, valued at roughly $1.2B today.

DeFi Development Corp follows with 2.19M $SOL ($389M), and Upexi with 2M $SOL ($357.5M).

Top Solana treasury companies on Coingecko.
Source: Coingecko

A16z is also backing Solana, but differently by leading the funding round for Jito Foundation.

Jito powers a $3.2B liquid staking token and operates a validator client built to optimize Solana’s high-speed performance.

In turn, the new capital will help expand its developer tools, scale its infrastructure, and grow adoption of the Block Assembly Marketplace (a system designed to boost Solana’s efficiency and programmability).

Such backing, whether through direct accumulation or company investments, reinforces Solana’s position as a trusted, maturing blockchain.

They help strengthen the entire Solana ecosystem, benefiting projects built on the network, like $SNORT’s Telegram trading bot, Snorter Bot.

Snorter Token Set to Boost Crypto Trading on Solana

$SNORT is a pioneering crypto project that’s getting set to launch Snorter Bot to facilitate fast and secure crypto trading.

Once launched this quarter, you’ll be able to buy, sell, and snipe tokens straight away, all directly with the world’s fourth-largest messaging app.

Snorter Bot will first launch on Solana to take advantage of the network’s breakneck speeds (a max 65K transactions per second) and 12.8s finality.

When buying $SNORT, it also promises to offer you fees as low as 0.85% on the network, making it a highly cost-efficient tool in the space.

After its initial Solana debut, it’ll branch out to support EVM-compatible chains, like Ethereum and Polygon. In doing so, you’ll be able to expand your portfolio beyond the best Solana meme coins and hopefully boost your returns.

The bot offers many features to help you increase your profits, including fast, secure swaps, automated sniping, limit orders, and a copy trading tool.

Snorter Bot Token features.
Source: Snorter Token

Security is also high on its list of priorities. It’ll include built-in protections against rugpulls and honeypots to ensure a safe trading experience, while being MEV-protected.

Stake $SNORT & Earn Up to 107% APY Rewards

$SNORT opens access to a range of exclusive perks across the Snorter ecosystem, not just low gas fees.

Holders face no daily sniping limits, gain access to advanced bot analytics, and can earn up to 107% APY through staking rewards.

Given such advantages, it’s no surprise that $SNORT has raised over $4.8M on presale, despite being able to buy the coin for as little as $0.1081.

Our Snorter Token price prediction anticipates $SNORT reaching $0.94 this year’s post-exchange listings, representing a 770% ROI from current levels.

It won’t be long until $SNORT will be found on some of the best crypto exchanges, as it’s the next step after its presale comes to a close in just three days.

Buy $SNORT on presale before it’s too late.

Disclaimer: We’re not financial advisors so, as always, DYOR and never invest more than you’re willing to lose. 

Authored by Leah Waters, Bitcoinist – https://bitcoinist.com/institutions-buy-solana-snort-presale-ends-soon

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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