Mike Novograph of Galaxy Digital says the crypto market is entering “Solana Season”

According to Novogratz, things are happening that predict a very good future for the network Blockchain and its native currency.

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• Novogratz announces USD Treasury Strategy $ 1,650 million in Solana.
• Regulatory changes in the USA. They point to institutional adoption and tokenization.
• Nasdaq seeks to enable tokenized actions and liquidity in Blockchain by 2026.

Mike Novogratz, executive director of Galaxy Digital, He assured that the crypto market enters what defined as the “Solana season”. During an interview for the chain CNBC, He stressed that both the dynamics of the financial sector and the regulatory signals are aligned in favor of this network Blockchain and its native currency.

Factors that reinforce the narrative

The businessman highlighted a capital uprising for USD $ 1,650 million for Forward Industries (Ford), led by Galaxy Digital along with Jump Crypto and Multicoin Capital. The objective is to develop the highest treasury strategy in the world focused on Solarium. According to Novogratz, Treasury companies focused on Altcoins provide fresh energy and capital to the crypto ecosystem.

At the same time, Novogratz pointed to the regulatory turn in the United States. The president of the US stock and securities commission (sec)Paul Atkins, has declared that the agency works to “Modernize the rules and securities regulations to allow markets to operate in blockchain”. For Novogratz, it is a “Radical output” of the previous policy and a sign that institutional adoption accelerates.

Atkins has issued favorable statements to crypt in recent weeks. Has said that entrepreneurs and investors should be able to raise capital in Blockchain “Without endless legal uncertainties” and reiterated that “Most crypto tokens are not values”, so they are outside their jurisdiction. Novogratz interpreted these comments as signs that “The course is correct.”

Nasdaq, on the other hand, presented a proposal for regulatory change to the regulatory entity to allow tokenized versions of listed actions and ETFs to be negotiated in the same book of orders as its traditional equivalents. If approved, this measure would activate settlement based on Blockchain In the third quarter of 2026. Novograph Blockchains They are now fast, safe and reliable, and that with defined regulatory frameworks are ready for the adoption of Wall Street.

Solarium adapts to this context

The manager highlighted Solarium Like a network Blockchain Designed tailored to financial markets, citing their speed and high transaction capacity. Also, he said that Solana and Ethereum RThey present a healthy competence to rebuild global financial infrastructure. In their vision, multiple ecosystems will coexist and connect through bridges as applications mature.

In parallel, Matt Hougan, Director of Investments of Bitwise, this week agreed to foresee a “Solana Season” With approvals of ETF, input flows and corporate treasury purchases promoting rallies similar to those of Bitcoin and Ethereum.

Bitcoin also has those to win

Novograph also talked about Bitcoin, describing it as “Digital Gold” and ensuring that, although it has been consolidating and quoting laterally, it awaits a rebound towards the end of the year when the Federal Reserve Start cutting rates. In the long term, he said, “Bitcoin does not go anywhere more than up with time. ”

According to market data, Bitcoin Stable lies around USD $ 114,400. Earl this week, Tom Lee of Fundstrat He projected that the digital currency could reach USD $ 200,000 before the end of the year, to which Novographic replied: “From your lips to the ears of God. ”

For the Executive, the crypto market, with a capitalization greater than USD $ 4 billion, remains small compared to the USD $ 400 billion in the global wealth market. “We are barely starting,” concluded.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

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