GSR Shifts Portfolio Heavily Toward Solana

Crypto market maker GSR has adjusted its in-house model portfolio, increasing Solana's (SOL) weight to 43.7% and trimming Bitcoin's (BTC) and Ethereum's (ETH) weights.

The rebalancing reflects GSR's assessment of relative upside signals and recent price action among the three major digital assets.

Solana's weighting was raised as its relative upside signals have recently strengthened, with stronger short-term price action compared to its peers. However, trading volume over the past seven and 30 days has declined, suggesting thinning liquidity that could add volatility if trends reverse.

Ethereum's weight was reduced to 39.5%, despite its 30-day return remaining the highest among the three assets. This indicates that ETH still retains strong short-term performance, according to GSR.