Galaxy's Novogratz called it "SOL season" and said Solana is tailored for the financial market

Galaxy Digital CEO Mike Novogratz claims that the cryptocurrency market is entering the "Sol quarter" driven by strong momentum and favorable regulatory changes. He highlighted the $1.65 billion Solana funding fund led by Galaxy, Jump Crypto and Multicoin, and the pro-cryptocurrency stance of SEC Chairman Paul Atkins, including plans to update securities rules for the on-chain market. Nasdaq’s tokenized stock trading proposal and Solana’s technical advantages show the growing adoption of cryptocurrencies by institutional investors. Novogratz also reiterated his long-term confidence in Bitcoin as digital gold and predicted that Bitcoin will rebound by the end of the year amid the Fed's interest rate cut.