Solana$SOL
Investigation, Altcoin Season, and BlackRock’s Tokenization Surge
- *Altcoin Season*: Analysts predict the start of the altcoin season. While Bitcoin has been leading the market, some analysts believe that Ethereum could be the one to kickstart the altcoin season.
- *BlackRock and Tokenization*: BlackRock and Franklin Templeton are leading a surge in tokenized US Treasuries, managing the largest tokenized funds. Tokenized US Treasury products have grown over 1,000% since early 2023, with a market capitalization of $1.63 billion as of June 26.
- *Binance and Regulatory Challenges*: Binance faces regulatory challenges, having to shut down copy trading in the European Union (EU) due to the new Markets in Crypto Assets (MiCA) regulations.
- *Market Performance*: The total market capitalization fell from $2.35 trillion to $2.28 trillion this week, with Solana being the only one in the top 10 to increase its price.
