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Breaking News: Is The Approval Of Crypto ETFs At Risk? SEC Operations Frozen By Gov. Shutdown
Solana is ‘The New Wall Street’ Says Bitwise Exec, as Snorter Token’s Presale Explodes.

Solana is ‘The New Wall Street’ Says Bitwise Exec, as Snorter Token’s Presale Explodes

Bogdan Patru
by Bogdan Patru
5 hours ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitwise’s CEO, Matt Hougan, believes that ‘Solana is the new Wall Street’, as the ecosystem is quickly becoming an investor favorite for tokenization and stablecoin-related activity.

The statement came during a discussion with Akshay Rajan from Solana Labs, during which Hougan also said that:

And then they (people) wanna ask how they invest. […] And when they evaluate the different blockchains, the speed, the throughput, the finality of Solana makes it seem extraordinarily attractive.

—Matt Hougan, Official interview

For Hougan, Solana’s biggest selling point is its unmatched finality speed, set between 400 microseconds and 150 microseconds. This alone makes the Solana ecosystem the best option for institutional investors, who often demand high throughput and ultra-fast finality.

With $SOL now trading at $233 at the start of Uptober, Hougan’s statements could give the coin the push it needs for a new ATH. Especially with Bitcoin breaking $125K this Sunday.

This optimism seeps into top altcoins, too, with fresh contenders like Snorter Token’s ($SNORT) experiencing a surge in investor interest in its bid to make meme coin hunting both fun and lucrative.

Solana’s Q4 is Bullish

Solana is already looking bullish for Q4 2025, with several factors contributing to the increase in investor confidence and participation.

The upcoming ETF list awaiting SEC approval is the most impactful one, especially with Bloomberg analyst Eric Balchunas placing the approval odds at 100%.

Eric Balchunas increasing the odds on ETF approvals to 100%
Source: Eric Balchunas on X
This prediction comes just as the SEC asked issuers to withdraw their 19b-4 filings and use the simpler and more intuitive S-1 forms. This speeds up the approval process, which is bullish across the board.

But $SOL is also gaining massive ground thanks to Solana’s increased appeal to investors. CoinGecko’s list of the top Solana treasuries is quite telling in this sense.

The last 30 days have been highly fruitful for the ecosystem, with over $1.7B worth of $SOL moving into treasuries like Forward Industries, DeFi Development, and Upexi.

Forward Industries alone has invested over $1.5B in $SOL, purchasing 6,822,000 tokens, or 1.251% of the total supply.

The largest $SOL treasuries according to CoinGecko
Source: CoinGecko

These factors put $SOL on an upward trajectory for 2025’s Q4, which could give us a new ATH by the end of October.

Another token that appears poised to make a strong finish to the year is $SNORT, the token behind a trading bot set to disrupt the Solana meme coin trading game.

How Snorter Token Makes Coin Hunting Safe and Lucrative

Snorter Token’s ($SNORT) Snorter Bot makes coin hunting fun again. This is thanks to its fast reaction speed, ensuring early entry and profit maxing, and its native scam detectors, which ward off suspicious projects.

Snorter Bot automated trading to help retail traders snipe the best coins, safely and effortlessly, before the bots and whales scoop up all the liquidity.

Here are several features that recommend it as an essential trading companion

  • The lowest execution fees of any trading bot, currently at 0.85%
  • The fastest execution on the Solana chain
  • Easy setup and built-in tax handling for automated sniping
  • Early access to new tokens

Snorter Bot’s main features

The Copy Trading feature is a valuable addition, catering to novice traders who need assistance in devising a successful strategy.

The presale has been growing fast since its inception, reaching $4.3M so far, with $SNORT valued at $0.1071.

If you want to invest, this is the best time to do it, as October rolls out and the market’s movements promise fat ROIs.

This price prediction for $SNORT puts the token at $0.94 by the end of the year. Post-launch, $SNORT could reach $3.25 with sufficient community hype and support. This translates to a potential ROI of 2,934% if you buy at today’s price.

Such a performance would qualify $SNORT as one of the best crypto presales to buy right now, with massive returns expected once it hits the mainstream. The Snorter Token presale just entered its final 14 days, so this may be your last chance to get in before launch.

📖 Read our guide on how to buy $SNORT and get your stack before the presale ends.

This isn’t financial advice. Do your own research (DYOR) and invest wisely.

Authored by Bogdan Patru, Bitcoinist: https://bitcoinist.com/solana-is-new-wall-street-as-top-altcoin-snorter-token-rides-the-hype

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Bogdan Patru

Bogdan Patru

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As a crypto writer, Bogdan’s responsibilities are split between researching and writing articles and entertaining the team with his humor bordering on the politically incorrect, an aspiring Bill Burr, if you will. Thanks to his 12+ years of writing experience in just as many fields, including tech, cybersecurity, modelling, fitness, crypto, and other topics-that-shall-not-be-named, he's become a genuine asset to the team. While his position as a senior writer at PrivacyAffairs thought him valuable lessons about the power of self-management, his entire writing career was and is an exercise in self-improvement. Now, he's ready to sink his teeth into crypto and teach people how to take control of their own money on the blockchain. With fiat as an eternally devaluing currency, Bitcoin and altcoins seem like the best-fitting alternative for Bogdan. Bogdan’s biggest professional accomplishment, aside from securing a position as a main writer for Bitcoinist, was his 5-year run as a writing manager at Blackwood Productions, where he coordinated a team of four writers. During that time, he learned the value of teamwork and that of creating a working environment that breeds efficiency, positivity, and friendship.

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