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Home Blockchain

Solana is ‘The New Wall Street’ Says Bitwise Exec, as Snorter Token’s Presale Explodes

by DigestWire member
October 6, 2025
in Blockchain, Crypto Market, Cryptocurrency
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Bitwise’s CEO, Matt Hougan, believes that ‘Solana is the new Wall Street’, as the ecosystem is quickly becoming the investor-favorite for tokenization and stablecoin-related activity.

The statement came during a discussion with Akshay Rajan from Solana Labs, during which Hougan also said that:

And then they (people) wanna ask how they invest. […] And when they evaluate the different blockchains, the speed, the throughput, the finality of Solana makes it seem extraordinarily attractive.

—Matt Hougan, Official interview

For Hougan, Solana’s biggest selling point is its unmatched finality speed, set between 400 microseconds and 150 microseconds. This alone makes the Solana ecosystem the best option for institutional investors who often demand high throughput and ultra-fast finality.

With $SOL now trading at $233 at the start of Uptober, Hougan’s statements could give the coin the push it needs for a new ATH. Especially with Bitcoin breaking $125K this Sunday.

This optimism seeps into Snorter Token’s ($SNORT) $4.3M presale, which is currently experiencing a surge in investor interest. As the projected best coin hunter on the market, Snorter Bot can snipe hot tokens in milliseconds, turning coin hunting both fun and lucrative.

The presale’s lifespan is also close to the end, with 14 days left before the public listing.

Solana’s Q4 is Bullish

Solana is already looking bullish for 2025’s Q4, with several factors accounting for the increase in investor confidence and participation.

The coming ETF list waiting for the SEC’s approval is the most impactful one, especially with Bloomberg analyst Eric Balchunas placing the approval odds at 100%.

Eric Balchunas increasing the odds on ETF approvals at 100%

This prediction comes just as the SEC asked issuers to withdraw their 19b-4 filings and use the simpler and more intuitive S-1 forms. This speeds up the approval process, which is bullish across the board.

But $SOL is already gaining massive ground thanks to Solana’s increased appeal to investors. CoinGecko’s list of the top Solana treasuries is quite telling in this sense.

The last 30 days have been beyond fruitful for the ecosystem, with over $1.7B-worth of $SOL moving into treasuries like Forward Industries, DeFi Development, and Upexi.

Forward Industries alone has invested over $1.5B in $SOL, purchasing 6,822,000 tokens, or 1.251% of the total supply.

The largest $SOL treasuries according to CoinGecko

These factors put $SOL on an upward trajectory for 2025’s Q4, which could give us a new ATH by the end of October.

Snorter Token ($SNORT) also shows high growth potential moving into the year’s last quarter.

How Snorter Token Makes Coin Hunting Safe and Lucrative

Snorter Token’s ($SNORT) Snorter Bot makes coin hunting worth it again thanks to its reaction speed and native scam detectors which warn against suspicious projects.

The Bot is the solution to traditional coin hunting, which is largely ineffective and risky due to scams like honeypots and rug pulls. But it doesn’t have to be and this sniper rifle-trained Aardvark makes sure of that.

The Snorter Bot snipes the target coins in milliseconds to ensure early entry and profit maxing and comes with several perks that recommend it as one of the best tools available:

  • The lowest execution fees of any trading bot at launch, currently at 0.85%
  • The fastest execution on the Solana chain
  • Easy setup and built-in tax handling for automated sniping
  • Early access to new tokens

Snorter Bot’s main features

The Copy Trading feature is a great addition as well, catering to novice traders primarily who lack the expertise to devise their own strategies.

The $4.3M presale has been growing fast since its inception, with $SNORT valued at $0.1071.

If you want to invest, this is the best time to do it, as October rolls out and the market’s movements promise fat ROIs.

Our analysts’ price prediction for $SNORT puts the token at $0.94 by the end of the year. Post launch, $SNORT could reach $3.25 with enough community hype and support. This translates to an ROI of 2,934% if you buy at today’s price.

Such a performance would qualify $SNORT as a top altcoin with massive returns once it hits the mainstream. Especially since the presale just entered its final 14 days, so this may be your last chance to get in.

So, read our guide on how to buy $SNORT and get your stack today while the presale lasts.

This isn’t financial advice. Do your own research (DYOR) and invest wisely.

Authored by Bogdan Patru, Bitcoinist: https://bitcoinist.com/solana-is-new-wall-street-as-top-altcoin-snorter-token-rides-the-hype

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