The government of Bhutan has decided to launch a new gold-pegged token on the Solana blockchain, further enhancing the network’s credibility and fueling increasingly bullish Solana price predictions.

The name of the token will be TER and it is the result of the collaboration of multiple financial institutions and fintech companies like DK Bank and Matrixdock Technology.

Through TER, Bhutan residents will now be able to invest in gold safely via blockchain technology.#solana $SOL