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Solana Whales Increase Activity; Best Altcoins to Watch Include $HYPER, $BEST, $SPX
Key Insights for Investors:
- Whale demand for Solana ($SOL) is rising, evidenced by increased order book activity and sustained ETF inflows.
- SoFi’s launch of crypto trading offers a new access point for U.S. retail investors, potentially boosting altcoin market participation.
- Bitcoin Hyper ($HYPER), Best Wallet Token ($BEST), and SPX6900 ($SPX) are highlighted for their alignment with current market narratives such as throughput, utility, and liquidity.
Market Movements:
- Solana ETFs have experienced 10 consecutive days of net inflows, driven by Bitwise's $SOL fund, suggesting strong ongoing demand.
- SoFi Bank has introduced in-app crypto trading, featuring major cryptocurrencies like Bitcoin, Ethereum, and Solana, becoming the first nationally chartered bank in the U.S. to do so.
Highlighted Tokens:
- Bitcoin Hyper ($HYPER): Aims to enhance Bitcoin transaction speeds using the Solana Virtual Machine (SVM). Current presale price is $0.013265 with $26.99M raised.
- Best Wallet Token ($BEST): Powers a multi-chain wallet offering features like cross-chain swaps and real-world spending. Currently priced at $0.025935 with $17M raised.
- SPX6900 ($SPX): A meme token with extensive exchange reach, boasting a market cap over $615M and trading on Coinbase.

In summary, growing institutional interest in Solana and expanded retail access through platforms like SoFi could signal broader market shifts. Investors should consider these factors when evaluating potential opportunities in altcoins.