Solana Treasury Bet Turns Sour: Firm Sits On $1.13B Unrealized Loss
Solana has been struggling with selling pressure as the broader market feels the weight of a correction that has tested support levels across the ecosystem. The price is under stress — and data from Arkham Intelligence has identified a specific institutional transaction that adds a direct supply dimension to the current weakness on one of…
Solana Power Play: Galaxy, Jump Crypto, Multicoin Behind New $1.6 Billion Treasury Strategy
Solana (SOL) experienced a notable 6% price increase to start the week, following the announcement of a new initiative involving three major players in the crypto sector: Galaxy Digital, Jump Crypto, and Multicoin Capital. This collaboration aims to establish a new Solana treasury. $1.65 Billion PIPE Offering To Establish Solana Treasury In a revelation made…
Solana Boost – Medical Firm’s $400M Stock Sale Powers New SOL Treasury
The trend of companies establishing crypto treasuries is gaining momentum, with Sharps Technology—a small player in the medical device and pharmaceutical sector—being the last to announce a plan to raise $400 million through a stock sale aimed at funding Solana (SOL) treasury. New Solana Treasury In The Makings The capital raise, which is set to…
Institutional Solana Buying Ramps Up: The Nearly $600 Million Buy Shaking Up SOL
Solana is seeing a corporate accumulation in the asset’s history. Solana Sees Massive Institutional Buying Spree Institutional appetite for Solana is accelerating at a pace not seen before, signaling a shift in market sentiment as major players seek exposure to SOL. A new report by CoinGecko reveals that four publicly listed companies have collectively acquired…