Grayscale Solana Trust (SOL)Grayscale Solana Trust (SOL)Grayscale Solana Trust (SOL)

Grayscale Solana Trust (SOL)

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Grayscale Solana Trust (SOL) forum


GSOL These GS Trusts are LOW volume. Controlled by institutional money. They can manipulate them at will. Right now I would suspect they are loading up again at these prices after shorting it all the way down. Then when SOL takes off and breaks new highs, GSOL will be in for a massive pump to new ATH's and beyond. You would have to have the stomach for the volatility that is coming but could do well if you enter at these low levels with risk control in case it doesn't run. I see the FIB 1.618 of $175 in play after breaking the ATH of $116. A 6X from these levels if it repeats the FEB 2024 run highlighted on the chart.
Snapshot

GSOL is there a way to n ow how many tokens GSOL holds?


GSOL Gary Gensler getting fired soon means 99% likelihood of SOL ETF getting approved. GSOL premium getting sucked out hard today.

GSOL Share price premiums are factoring in SOLUSD taking over ETHUSD #2 spot by Market Cap

SOLUSD I have been confuzzled by the sudden runup in Grayscale SOL Trust ( GSOL) to $202.00 with a sudden rise from $19 in June 2023 to the current share price of GSOL $202.00. A GSOL share price represents a SOLUSD token Price of $559.67 due to the current Premium being paid on GSOL Shares of 969.29% .

This made me go back and Look at Gold MC Versus the various major tokens. BTC, ETH, ADA, SOL, LTC yadda, Yadda, Yadda... In doing so I realized that if the GSOL Share Premium Per SOL Token is running just under The Share price that a single SOL Token would be if it was equivalent to ETHUSD Current MC... That Figure is $584.19 per SOLUSD to match ETHUSD Current MC of $247 Billion USD.

GSOL Share price premiums are factoring in SOLANA taking over ETHUSD #2 spot

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