Solana Rallies: Analyst Sees Explosive Year-End Surge Driven By Institutional Interest

Bitwise CIO Matt Hougan predicts a significant Solana rally in the upcoming year-end, driven by increasing institutional investments and corporate adoption. The analyst points to several factors fueling this potential surge, including the growing number of spot exchange-traded product (ETF) filings and companies like DeFi Development and SolStrategy accumulating SOL. These trends mirror past successes with Bitcoin and Ethereum, suggesting a similar trajectory for Solana.