Solana season is here.
By Maxime Laurent · Published: 2025-09-12 14:35 · Modified: 2025-09-12
Solana season is here.
Mike Novogratz just dropped the words everyone was waiting for: the beginning of the Solana season. And he didn’t say that in a café over rosé — it comes with a $1.6B punch from Forward Industries, backed by Jump Crypto and Multicoin Capital. That’s not just bullish talk, that’s du vrai cash on the table. 💸
At the same time, FTX and Alameda’s liquidators keep unloading their $SOL bags. Around 192k coins unstaked (~$45M), and since late 2023 they’ve already dumped $1.2B worth at an average of $134 per coin. Yet, almost $1B in $SOL is still sitting locked in staking.
The paradox is beautiful: the market absorbs forced selling while institutions keep buying like it’s the new Côte d’Azur beach property. The narrative is shifting — not just retail hype, but deep-pocket conviction.
If this is truly the start of a $SOL season, the timing couldn’t be juicier: sell pressure drying, demand heating, and the ecosystem growing like a Mediterranean summer crowd. 🌞
#Solana #Crypto #Novogratz #Altseason
Mike Novogratz just dropped the words everyone was waiting for: the beginning of the Solana season. And he didn’t say that in a café over rosé — it comes with a $1.6B punch from Forward Industries, backed by Jump Crypto and Multicoin Capital. That’s not just bullish talk, that’s du vrai cash on the table. 💸
At the same time, FTX and Alameda’s liquidators keep unloading their $SOL bags. Around 192k coins unstaked (~$45M), and since late 2023 they’ve already dumped $1.2B worth at an average of $134 per coin. Yet, almost $1B in $SOL is still sitting locked in staking.
The paradox is beautiful: the market absorbs forced selling while institutions keep buying like it’s the new Côte d’Azur beach property. The narrative is shifting — not just retail hype, but deep-pocket conviction.
If this is truly the start of a $SOL season, the timing couldn’t be juicier: sell pressure drying, demand heating, and the ecosystem growing like a Mediterranean summer crowd. 🌞
#Solana #Crypto #Novogratz #Altseason
Disclaimer: This content is for informational purposes only and not financial advice.