π’ Solana Company Stock Jumps 17% After New $SOL Strategy
Solana Company shares surged after unveiling a new way for institutions to unlock liquidity from staked $SOL.
β’ Institutions can now borrow against natively staked $SOL without unstaking or selling
β’ Assets remain in custody while still earning staking rewards
β’ Shares (NASDAQ: HSDT) jumped ~17% following the announcement
Solana Company shares surged after unveiling a new way for institutions to unlock liquidity from staked $SOL.
β’ Institutions can now borrow against natively staked $SOL without unstaking or selling
β’ Assets remain in custody while still earning staking rewards
β’ Shares (NASDAQ: HSDT) jumped ~17% following the announcement
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π’ According to DefiLlama data, over $130 million in token releases are anticipated this week, with the most significant unlock by Toncoin ($TON). Scheduled for February 21, Toncoin will release $53.27 million worth of tokens, primarily from the TON Believers Fund, representing approximately 0.72% of its total supply.
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π’ A 10% move higher in BTC could wipe out around $4.34 billion in short positions, compared to roughly $2.35 billion in long liquidations if price drops 10%.
Polymarket users predict a 37% chance Bitcoin hits $75K in February.This suggests bearish bets are more crowded and heavily leveraged, raising the potential for a stronger short squeeze if momentum shifts upward.
Polymarket users predict a 37% chance Bitcoin hits $75K in February.This suggests bearish bets are more crowded and heavily leveraged, raising the potential for a stronger short squeeze if momentum shifts upward.
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