Explicit Long Position on Solana Driven by Trading Volume and Yield
-1.60%current return
"However, meme coins, the vast majority of trading volumes happen on Solana. And so it is, you know, we, when volumes spike like they did in January, Solana, you know, rose to about 290 because of all the activity on chain. That is obviously good for us, good for our portfolio. We are long Solana through our managers."
— Speaker 2
The speaker explicitly mentions a long position in Solana, citing that increased on-chain activity, particularly tied to meme coin trading volumes on the network, has provided attractive yield and trading opportunities. This position underscores a targeted exposure to Solana (SOL) as part of a broader crypto strategy, making it an actionable trade signal.
High ConvictionScore: 8.0
Stock Idea •Monetary Matters with Jack Farley • 29 days ago