Billionaire Chamath Palihapitiya, Solana (LEFT) he invested in a startup while determining the new ATH. The most important detail of the fact that this invested venture is focused on Solana (SOL) is that institutional investors are investing in alternative projects because they see the price of BTC and ETH-like assets as high. This situation, voiced by many economists, is a very logical move, Solana (LEFT) assets such as BITCOIN can grow tens of times if they survive, it is difficult to say the same for BTC and ETH in the medium term.
The New Focus of Institutional Investors
Sri Lankan-born Canadian billionaire Chamath Palihapitiya‘s company Social Capital, Syndicahe invested in the. Houston the company aims to create a cloud-like infrastructure for the next generation of the Internet. To achieve this Syndica, decentralized applications (DApp‘s) with blockchain it will provide communication between remote procedure call (RPC) nodes (nodes) dec
First in 2013 Bitcoin (BTCthe billionaire, who invested in <url> at an early stage, thinks that Syndica will grow rapidly and is a good investment.
“Syndica makes a lot of things easier. Web 3.0 i believe that the project will take on important roles for you. We are excited to be able to support this journey”.
The former Facebook executive expects Web 3.0 to revolutionize the internet.
Solana a short while ago Cardano (NAMEhe rose up the rankings by dethroning ). Thus, it achieved the title of the largest smart contract blockchain with a PoS algorithm.
Solana (LEFT) it was stated by many analysts that it would push the $250 target during the process, when its price held above $190. Having made a new breakthrough to the psychological limit of $ 250 today, the price has set a new ATH at $ 235 (Binance).
In the month of September FTX CEO Sam Bankman-Fried many institutional investors Solana (LEFT he said he was becoming interested in ).
At the time of writing, Solana (LEFT) continues to find buyers for $ 235. RSI it is also necessary to remember that a new correction may occur before the 250 dollar when confirming the strength of the bulls. In particular, the resistance of the 244 dollar needs to be closely monitored. Turning the direction down will make the 216 and 194 dollar levels extra important. The preservation of these supports will also increase the likelihood of their return. As of 21:52, Solana is pulling up the $235 ATH level, just $236 was seen.