GSR Raises Solana's Share of Its Crypto Fund to 43.7 Percent

Trading firm GSR significantly raised Solana's weighting in the latest rebalancing of its Core3 investment model, making it the fund's largest holding. According to Arzdigital, the company's report shows Solana's allocation reached 43.7 percent, while Ethereum's share fell to 39.5 percent and Bitcoin's to 16.9 percent. The Nasdaq listed BESO fund rebalances weekly based on research signals.

Solana was trading above 76 dollars at the time of the report. Separately, Glassnode data showed Bitcoin trading in a range between the median realized price of 63,000 dollars and the short term holder cost basis of 68,700 dollars, with spot trading volume falling to its lowest level since 2019.