CMBIAM Token Fund for Solana Dey Push SOL Go $300
CMB International Asset Management (CMBIAM) don launch Asia first regulated, public tokenize USD money market fund, wey dem choose Solana as one of d main blockchains. Dem develop am with Singapore DigiFT platform. D fund get real-time liquidity, multi-chain access (Solana, Ethereum, Arbitrum, Plume) plus e dey follow Singapore accredited investor rules wella. This kain offer dey connect d $7 trillion traditional money market with real-world assets (RWA), e make Solana get beta crediblity and on-chain action. Solana token SOL sharp rise near 10%, e dey trade between $167 and $192, e near main resistance at $201. Technical signs show say e fit rise reach $226 and long-term target na $300, because of oversold RSI and high demand from institutions. D fund launch na big milestone for Solana, fit bring steady trade volume and deep liquidity. Crypto traders suppose watch for breakout pass $201 and dey monitor on-chain metrics as signs say big institution money dey enter SOL fast.
Bullish
Di launch wit tokenize USD moni market fund wey CMBIAM drop for Solana na big institutions dem endorse am. E dey follow same pattern like BlackRock RWA product dem for Ethereum wey make demand for chain and price shoot up wella. Short term, SOL rise almost 10% after dem announce am, and if e clear pass resistance $201, e fit make quick waka go $226. For longer term, if dem join traditional finance and real-world asset for Solana under correct regulation, e go boost network usefulness, liquidity and more money from institutions, wey go make outlook shine. Traders for watch the on-chain metrics well and use past RWA launches as guide for possible volume jump and steady upward movement.