Galaxy Digital CEO says crypto market enters Solana season
Source: Binance
Time: 2025-09-12 08:24:14
According to ChainCatcher, Galaxy Digital CEO Mike Novogratz said on CNBC that the crypto market is entering the "Solana season" because of its high speed and high transaction capacity suitable for financial market applications.
He pointed to a positive shift in the regulatory environment, and US SEC Chairman Paul Atkins said it would promote the modernization of securities rules and make it clear that "most crypto tokens are not securities."
Nasdaq has applied to the SEC to allow tokenized stocks and ETFs to trade in the same order book as the traditional version, and 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.