GSR increased Solana's weighting in its Core3 model portfolio to 43.6% on Aug. 12, cutting Ether to 39.5% and Bitcoin to 16.9% and leaving SOL as the largest allocation. Earlier reporting noted a minor discrepancy between GSR's written commentary, which listed Solana at 43.7%, and the accompanying allocation table, which showed 43.6%. The firm said the latest move was driven by stronger proprietary relative alpha signals for Solana rather than a simple ranking of recent returns, even as Solana's trading volume softened over both seven-day and 30-day periods. SOL gained 2.98% over the week, while Bitcoin fell 1.02% and Ether slipped 0.20%; over 30 days, Ether still led with a 7.88% return. Core3 returned 0.85% over the week and 5.30% over a month, beating an equal-weight basket, but remained down 35.58% year to date and 70.28% over 12 months. The shift came as U.S. exchange-traded access to Solana widened, with Morgan Stanley launching MSOL on July 28 and 21Shares waiving TSOL's 0.21% sponsor fee for one year while offering exposure to staking rewards. Crypto analyst Michaël van de Poppe said SOL needs to hold support around $73.50 to $74 to keep a path toward $120 intact.