4E: Institutional treasury continues to up the ante ETH and SOL, stablecoins and macro policies become the focus of the market

August 28th news, according to 4E observation, Strategic SOL Reserve data show that 13 companies or institutions have disclosed a total of 8.277 million SOL, worth about 1.69 billion US dollars, accounting for 1.44% of the total, of which about 585,000 SOL has entered the pledge.
In Ethereum, the holdings of treasury companies and institutions are still expanding. Bitmine Immersion ranked first with 1.70 million ETH, SharpLink Gaming ranked second with 797,700 ETH, and The Ether Machine ranked third with 345,400 ETH. Recent on-chain monitoring shows that wallets suspected of being related to Bitmine have withdrawn more than $120 million ETH from FalconX, and the current total holdings exceed $260 million.
At the macro-regulatory level, the US SEC will hold a round table on trade penetration bans in Washington on September 18 to discuss the market significance and future path of the system with Goldman Sachs, JPMorgan Chase, Nasdaq and other institutions. At the same time, US Treasury Secretary Vincent Bescent emphasized that the implementation of the GENIUS Act will expand the use of the global dollar and the demand for US debt.
4E reminds investors that institutional treasury expansion and macro policy promotion have brought medium and long-term benefits to the market, but short-term fluctuations are still obvious. It is recommended to pay attention to ETH's technical range performance and policy trends, and allocate positions rationally.