According to the data on the series Wu Blockchain, the transfer of Galaxy Digital 65,600 ETHThat is, the equivalent of about $ 105 million, to Binance, then withdrew 752,240 SolIts value is estimated 98.37 million dollars.
This process represents a clear indication Change the strategy By the company, which appears to want to reduce its exposure to the ether to focus decisively on Solana, which is Blockchain has shown in recent months signs of strong and strong growth.
Ethereum (ETH) decreases, grows Solana (Sol): Galaxy Digital benefits from the market
Market data clear: Solana (Sol) It recorded an increase 8 % Last month, while ETHEREUM (ETH) It witnessed a decrease near 20 %. This performance gap may have prompted the Galaxy Digital to reconsider the assignment of assets.
According to a recent report before Carted StandardEthereum at the stage of “Structural Decrease”To the extent that the bank has reviewed its target price down for the end of the year. The decrease in confidence towards ETH is also reflected in data related to Ethereum atfsWhich recorded an external flow 600 million dollars In the past two months.
Solana goes beyond ethereum in the main standards
The Galaxy Digital choosing support is many of the many indicators that highlight the growing power of Solana compared to ETAREUM. In particular, the volume of transaction on DeX exceeded Solana (decentralized exchanges) 500 billion dollars In the past three months, while Ethereum stopped below 400 billion.
number IndIRIZZI Attivi He is also an important figure: Solana is over 220 million Indirizzi AttiviMany higher number compared to 80 million Completely from Ethereum and layer solutions 2.
These numbers indicate the greatest Adoption and Real use From the Solana network, which seems to have a faster and cheaper alternative compared to Ethereum.
Justin Sun’s suggestion: a tax on class 2
In an attempt to counter ETHEREUM, an interesting suggestion appeared from JUSTIN Sun, Tron’s founder. Sun suggested entry a Ethereum Layer-2 solutionsWith the aim of using the money collected to Buy again and burn eth In a completely decentralized way.
However, the official nature has not yet been made to this proposal A suggesting ethereum (EIP)The first step necessary to start an official process to modify the ETHEREUM network. It remains, therefore, a simple idea, without any concrete effect in the short term.
The new configuration of the Galaxy Digital Walker: ETH gave way to Sol
Despite the last process, Galaxy Digital is still a big share in Ethereum. according to Data from the Arkham platformThe company currently owns 87.9 million dollars in ETH and 23.86 million dollars in Seoul. However, the transfer of more than $ 100 million is a clear signal Strategic rebalancing From the wallet, with the increasing confidence in the potential of Solana.
Galaxy Digital has not released official comments regarding the treatment, but the process was widely observed and analyzed by the encryption community, which sees this choice as possible Form shift In the institutional investment sector in Criptovalute.
Can Ethereum reflect the trend?
Despite the difficult moment, Ethereum is still one of the most messengers and use in the world. According to Standard Charted, Code of assets in the real world It can be a key to stabilizing the network and increasing its value.
However, to restore investor confidence, Ethereum will have to face major challenges, including Expansionand Class 2 competitionAnd the increasing pressure of alternative Blockchains such as Solana, which offers Excellent performance Less costs.
Conclusion: Solana creates herself as a hero in the market
The Galaxy Digital decision to convert a large part of ETHEREUM reserves to Solana is not just a tactical step, but it may represent a Wider From the shift in the currency scene. With strong growth measures, an increasingly active ecosystem, and a network capable of dealing with high sizes, Solana creates herself as one of The main alternatives to ethereum.
It remains to see whether this trend will enhance in the coming months or if Ethereum is able to respond to innovations that are able to re -launch its central role in the world of decentralized financing. Currently, the wind appears to be blowing in favor of Solana.
