🚀 EXPLOSIVE DEMAND! $216K SOL Transferred to Fidelity ETF: Wall Street Accumulates Solana 🚀
On-Chain Analysis (Arkham Data): Arkham data confirms that at 03:43 AM (UTC), a total of 216,700 SOL tokens (valued at several million dollars) were transferred from Bitgo Custody directly to the Fidelity FSOL ETF. This transfer marks a massive and direct acquisition of SOL by Wall Street giant, Fidelity.
Immediate Impact: This move validates that Solana ETFs are experiencing robust institutional demand, similar to what was previously observed with Bitcoin and Ethereum ETFs. The influx of capital from asset managers like Fidelity ensures constant and long-term buying pressure on $SOL, solidifying its position as one of the three fundamental Altcoins for institutions.
Is this the definitive proof that $SOL
is a long-term institutional investment, alongside $BTC
and $ETH
Do you think the price of SOL has the potential to surpass $300 thanks to ETF demand?