Market maker GSR goes long on SOL, expecting it to outperform BTC

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GSR trumpeted Solana’s “superior technology” and a changing U.S. political landscape for why a spot SOL ETF could be next in line.

GSR says Solana “continues to distance itself from the pack” and is now going long on the cryptocurrency.

"hange is already afoot with Donald Trump’s newfound backing of the crypto industry, which has in turn caused Democrats to loosen their stance against digital assets in a tight election year,” GSR analysts wrote in the report. “Similar to cell towers alternating transmission to avoid noise, proof-of-history enables validators to produce blocks when it’s their turn without requiring the network to first agree upon the current block, resulting in massive speed and scalability advantages,” the firm said.

 

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