Securitize Launches STAC Tokenized CLO Fund on Solana Network
- Tokenized CLO Fund Launch: Securitize has introduced the STAC tokenized AAA CLO fund on the Solana blockchain, providing qualified investors with tokenized access to AAA-rated collateralized loan obligations, marking a significant advancement in regulated credit offerings within Solana's expanding institutional finance landscape.
- Ethena Labs Major Investment: Ethena Labs announced plans to invest $250 million into STAC as part of its real-world asset integration strategy, representing one of the most significant tokenized structured credit investments on the Solana blockchain, further reinforcing Ethena's strategic shift in the credit market.
- Positive Market Response: Shares of Cantor Equity Partners II rose 0.55% to $11.83 following the launch of Securitize's STAC fund, with notable intraday volatility; sustained buying interest kept the stock above key support levels, reflecting positive market sentiment towards the new product.
- Global CLO Market Context: With global CLO issuance exceeding $1.3 trillion, Securitize aims to reduce settlement inefficiencies and enhance digital accessibility to this asset class through blockchain-based CLO distribution, further solidifying its core position in institutional credit allocation.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 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 | 0.015 | 0.0225 | 0.0294 | 0.0369 | 0.0438 | 0.0513 | 0.0582 |
| Fibonacci | 0.0225 | 0.028 | 0.0314 | 0.0369 | 0.0424 | 0.0458 | 0.0513 |
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