Coinshares: Institutional portfolios are allocating more to Solana

Mars Finance reports that CoinShares indicates institutional investors seem to be "expanding their investments in altcoins". Meanwhile, Solana ranks third in the "most promising growth prospects".

"Investors are more optimistic about Solana," wrote James Butterfill, research director of the asset management company, in a report on April 24. The report is based on a survey of 64 investors (managing a total of $600 billion in assets). Nearly 15% of respondents said they invested in SOL, which is significantly higher than the survey conducted by CoinShares in January.