GSR Boosts Solana to 43.6% in Core3 Model Portfolio

GSR's Core3 model portfolio has undergone significant changes in its weighting of top cryptocurrencies. The allocation to Solana (SOL) has been increased to 43.6%, making it the largest holding in the portfolio.

This shift reflects a change in relative excess-return, or alpha, signals among major cryptocurrencies, with Solana emerging as the most attractive option. In comparison, Ether's (ETH) weighting was reduced to 39.5% and Bitcoin's (BTC) allocation was cut to 16.9%.

Solana has been performing well in recent times, gaining 2.98% over the past week and outperforming both Bitcoin and Ether. However, over the past 30 days, Ether rose 7.88%, the best performance among the three assets.