GSR raises Solana to 43.6%, cuts Bitcoin to 16.9%

GSR shifted its Core3 model toward Solana on Aug. 12, raising SOL to 43.6% of the portfolio and making it the model’s largest allocation. Summary GSR raised Solana to 43.6%, making SOL the largest allocation in its Core3 model portfolio. Bitcoin fell to 16.9% of Core3, while Ether’s allocation declined to 39.5% this week overall. Solana gained 2.98% over seven days, outperforming Bitcoin and Ether in GSR’s latest weekly comparison. Ether remained the strongest 30 day performer, rising 7.88% despite its reduced model portfolio weight. Core3 gained 5.30% monthly but still trailed the equal weight basket over longer measured periods. Ether fell to 39.5%, while Bitcoin dropped to 16.9%, the smallest weight among the three assets.The firm said the change reflected a move in its relative alpha signals toward Solana as SOL showed stronger near term price momentum. GSR’s written commentary lists the Solana weight at 43.7%, while the accompanying allocation table shows 43.6%. This article uses the table figure. Solana allocation jumps 7.1 points in one week The latest allocation marks a sharp reversal from the prior week. On Aug. 5, GSR assigned 36.5% to Solana, 44.1% to Ether and 19.3% to ...