SOL, after falling to the 86.5 area yesterday, it experienced a slight rebound. As of now, it has risen to a maximum of 88.2 area and faced some pressure again. On the 4-hour chart, the price is moving around the midline area. Although the support below has been raised, the pressure is also significant. Do not chase longs at higher levels. It is recommended to short in the 88-90 area, with a downside target around the 84-80 range.

Wu Shuo has learned that according to a Citigroup report, Citigroup, PwC (PricewaterhouseCoopers), and Solana have completed a proof of concept (PoC) exploring the tokenization of Bills of Exchange in trade finance. The solution allows suppliers to issue tokenized accounts receivable and sell them at a discount to banks, while enabling digital transfer between financial institutions. The related testing was conducted in a controlled environment and did not involve real customer transactions. The trade finance market is approximately $10 trillion in size.

Wu Shuo has learned that according to a Citigroup report, Citigroup, PwC (PricewaterhouseCoopers), and Solana have completed a proof of concept (PoC) exploring the tokenization of Bills of Exchange in trade finance. The solution allows suppliers to issue tokenized accounts receivable and sell them at a discount to banks, while enabling digital transfer between financial institutions. The related testing was conducted in a controlled environment and did not involve real customer transactions. The trade finance market is approximately $10 trillion in size.