A recent survey shows institutional investors’ growing confidence in crypto, with many planning increased long-term allocations.
Cryptocurrency Investment news
United States investors increased exposure to Bitcoin and Ether ETFs as a strong price rally fueled unprecedented inflows.
Institutional investments in Solana-based applications surged to $173 million in Q3 2024, marking a significant increase, according to a Messari report.
Despite the growing number of investors, only 10% held over $7,200 worth of digital assets in their crypto portfolios.
The investment manager’s long term model puts BTC’s price at roughly $3 million by 2050.
Pump.fun’s fee account still holds over $47 million worth of Solana tokens, which could add more selling pressure.
Despite the concerns, the SUI token staged an over 120% rally in the past month.