Search results for "STOS"

Analysis: The relaxation of US regulatory policies has increased the attractiveness of SOL to professional investors.

The easing of regulatory policies in the United States has strengthened the appeal of Solana to professional investors. The founding partner of an encryption risk fund believes that the main reason for the pump of Solana is the improvement of overall market sentiment and the increased possibility that its ecosystem tokens will not be considered securities. The Token Total Value Locked (TVL) of Solana has risen by more than 25% in one month, reaching a level of 5.28 billion US dollars.
More
  • 1
  • 1
Golden Finance reported that Rennick Palley, founding partner of the encryption fund Stratos, stated that the popularity of meme tokens is mainly due to the re-entry of Asian traders into the market, with most meme token prices rising significantly during the Asian trading session (midnight US time). This is a subsequent effect of the ETH ETF craze and the US regulatory shift towards greater support for cryptocurrencies.