The Milk Road Show

Bitwise: Solana’s “Triple Catalyst” Setup Could Be Explosive w/ Matt Hougan & Ryan Rasmussen

Oct 10, 2025
Matt Hougan, Chief Investment Officer at Bitwise, and Ryan Rasmussen, Head of Research, share compelling insights on Solana's potential explosive growth. They discuss how Solana is becoming a darling among institutions due to a unique triple catalyst setup involving stablecoins, treasury dynamics, and expected ETP flows. The duo also analyzes the impact of recent market reactions, the drivers for Bitcoin's price surge, and how innovations in ETF products could reshape crypto investments. Tune in to discover why now might be the perfect time to watch Solana!
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INSIGHT

Stablecoins And Tokenization Drive Institutional Demand

  • Institutional interest centers on stablecoins and tokenization as the primary way TradFi enters crypto.
  • Matt Hougan says ETH, Solana, and crypto equities are the main rails for that institutional demand.
ADVICE

Position For A Potential Q4 Rally

  • Prepare for strong Q4 momentum driven by ETF flows and the debasement trade according to Matt Hougan.
  • Consider positioning for higher prices while acknowledging speed bumps like leverage flushes can occur.
INSIGHT

Volatility Can Fuel A Stronger Recovery

  • Short-term shocks can accelerate healthy deleveraging and strengthen the market's next leg up.
  • Ryan Rasmussen highlights liquidations as a possible catalyst for renewed upside after big moves.
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