Franklin Templeton moved significantly closer to the launch of a Solana (SOL) ETF spot in the U.S. The asset management giant had recently incorporated the Franklin Solana Trust in Delaware registering with intent to pursue regulatory approval along with other companies like Grayscale, Bitwise, VanEck, 21Shares and Canary Capital.
If this is successful, the Franklin Solana Trust would passively manage the fund by tracking the price movements of Solana, which would give regulated exposure to the fifth-largest cryptocurrency by market capitalization. Nonetheless, with the increasing appetite for alternative blockchain ecosystems, are AVAX and Ozak AI the next in line for institutional-grade investment vehicles?
AVAX Records Increased Whale Activity and Key Resistance Levels
Recently, Avalanche (AVAX) garnered attention for the increased 90% trade activity being conducted by whales in the market. This shows that large-scale investors are trying to position themselves ahead of expected price movements.
In the past, similar spikes in whale participation in the market have been followed by notable price changes. With AVAX resting at the $25 mark, the entire market is keenly waiting to see what happens next. AVAX has lost a lot of value lately, which indicates a loss of momentum, even after bulls made a rally that drove the price of AVAX above $50.
In December 2024, the token surpassed the $50 mark but has since been below crucial resistance zones. The inflow and outflow of capital is tracked by the Money Flow Index (MFI), which has also dipped below the neutral line recently. This has resulted in no strong purchasing activity.
Further insights from the Global In/Out of Money (GIOM) metric show that AVAX has three critical resistance zones:
- $27.89 – $35.20: 1.12 million addresses hold over 27 million AVAX.
- $35.20 – $39.87: 1.15 million addresses hold 21.49 million AVAX.
- $39.87 – $51.88: 1.33 million addresses hold 22 million AVAX.
If AVAX can reclaim these levels, it may attract institutional interest similar to Solana, potentially setting the stage for an AVAX-based investment product in the near future.
Ozak AI is a New AI-Powered Blockchain Innovation
Ozak AI incorporates artificial intelligence directly into consensus mechanisms in order to harvest security features such as automated fraud detection within blockchain technology. This novel approach also increases scalability, boosts energy efficiency, and optimizes computational costs in traditional consensus models like Proof of Work (PoW) and Proof of Stake (PoS).
Besides the usual functionalities of blockchains, Ozak AI also provides real-world solutions for healthcare’s patient data management, supply chain management optimization and fraud detection, and financial services in terms of risk assessment and compliance automation.
With over $850K raised during the ongoing third stage of the presale, Ozak AI tokens’ current price stands at $0.003, which is expected to go up in value at the $0.005 mark in the new phase. $1 is predicted to be the value of the token by 2025, making the investment appealing. The token is also expected to be listed on leading exchanges at a price of $0.05.
Due to the increasing demand for these solutions, Ozak AI has made itself available for institutional investments through AI-propelled blockchain ETFs or specific cryptocurrency funds.
Conclusion
It is indeed a significant step taken by Templeton in the domain of crypto investing with its Solana ETF. Of particular note are the growing institutional interests towards blockchain technology, in particular, the whale activity focusing on AVAX, as well as the developments being done by Ozak AI.
Market acceptance is another key hurdle along with regulatory approval. However, the success of Solana’s ETF on the assumption of no regulation is likely to serve as a multitude of more crypto-centric financial deployments serving broad-based retail and institutional investment into the newer generations of blockchain technologies.
For more information about Ozak AI visit the links below
Website: https://ozak.ai/
Twitter/X: https://x.com/OzakAGI
Telegram: https://t.me/OzakAGI
