Franklin Templeton: Solana's founder's new vision is a powerful use case for decentralized blockchain
The digital asset research team at asset management giant Franklin Templeton stated in a post that on Solana, we believe the vision of a single atomic state machine proposed by Solana founder Anatoly is a powerful use case for decentralized blockchain, reducing information asymmetry. We are impressed with all the activities we saw on Solana in the fourth quarter of 2023.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Korean retail investors shift to the US in Q3: Sold over 5.5 trillion won of Korean stocks, purchased more than 10 trillion won of US stocks
In the third quarter, Korean retail investors made net purchases of US stocks worth approximately 10.15 trillion won, marking a complete reversal from the previous pattern in the first half of the year, when they made net purchases of nearly 100 trillion won in KOSPI stocks. In September alone, the sell-off amount reached as high as 14.2 trillion won. Analysts attribute this shift to a combination of factors: a sharp decline in KOSPI at high levels, the continued strength of the US stock market driven by AI themes, and the appreciation of the Korean won reducing currency exchange costs.