Tokenized treasuries are now a thing. They started from the Ethereum, Arbitrum, Optimism and now slowly moving to other chains. How come Solana would lag behind? Yes, Solana has got the treasuries in the tokenized form and also got the tokenized collateral for such funds.
Standard chartered has decided to tokenized backing to thBILL using the Liberara. And they are one of the funds which are already having presence on Ethereum and Arbitrum and even on the hyperliquid.
What will happen with such projects deployed on Solana? This would help rise the value of the Sol token. And slowly that would mean it would be a good idea to hold it now. As it would likely to rise in price towards 1k. And slowly the move towards 5k like ETH is going on.
I know BTC is overvalued on that part despite not much projects like ETH but still Solana and others are catching up to do and that is also happening with treasuries projects going on there. So it would be a good direction that is happening slow and steady way.
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