Galaxy CEO: The crypto market is entering the "Solana season"
Source: ChainCatcher
Time: 2025-09-12 08:13:02
According to ChainCatcher, according to market news, Galaxy Digital CEO Mike Novogratz said on CNBC that the crypto market is entering the "Solana season", believing that the Solana blockchain is particularly suitable for financial market applications due to its high speed and high transaction capacity. He highlighted a positive shift in the regulatory environment, especially as US SEC Chairman Paul Atkins recently said he would promote modernization of securities rules to support market on-chaining and made it clear that โmost crypto tokens are not securities.โ At the same time, Nasdaq has applied to the SEC to allow tokenized stocks and ETFs to trade in the same order book as traditional versions. If approved, blockchain settlement may be enabled as early as the third quarter of 2026. Novogratz predicts that Bitcoin will "only rise but not fall" in the long run.