Europe's Largest Tokenized Money Market Fund Launches on Solana
- Tokenized Money Market Fund: Spiko's SAFO fund, now live on Solana, is a UCITS-compliant money market fund managed by Amundi, Europe's largest asset manager, marking the first real-world asset issuance on Solana and enhancing institutional-grade cash management capabilities.
- Liquidity and Yield: SAFO delivers yields above risk-free benchmarks through fully collateralized total return swaps with top-tier banks, providing overnight liquidity to meet the treasury needs of corporates and financial institutions, thereby strengthening its market competitiveness.
- Efficient Transaction Capability: The fund processes approximately 500 deposit and redemption operations daily for 10,000 active users, leveraging Solana's high transaction speed and low costs to ensure efficient and timely cash management.
- DeFi Ecosystem Advantage: SAFO shares can be used as collateral in lending markets, swaps, and other on-chain financial applications, transforming a traditional money market fund into active, productive capital, further driving financial innovation.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MAJOR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, MAJOR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0272 | 0.0296 | 0.0319 | 0.0343 | 0.0365 | 0.0389 | 0.0412 |
| Fibonacci | 0.0296 | 0.0314 | 0.0325 | 0.0343 | 0.0361 | 0.0372 | 0.0389 |
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