------------------------- The Grayscale Solana Trust would allow high-net-worth and institutional investors to gain indirect exposures to the yearlong bullish SOL market.
This decision does not come as a surprise due to the rock solid fundamentals SOL has as compared to its competitors. The layer-one protocol emerged as a rival to fellow smart contracts platform Ethereum after providing users with one of the lowest-costing and fastest public ledgers.
With over 500 in DeFi, NFT, Web 3.0 and over 1.2m active users SOL has become one of the biggest network in the market. Now valued at over $70 billion market cap, Solana is still the fourth-largest blockchain by market capitalization there is still a "continued appetite" among investors to gain exposure in the blockchain project. -------------------
