• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Acquisition of Solana Tokens Worth $1 Billion by Galaxy, Jump, and Multicoin

user avatar

by Giorgi Kostiuk

5 hours ago


Galaxy Digital, Jump Trading, and Multicoin Capital have announced plans to raise $1 billion to purchase Solana (SOL) tokens. This initiative reflects the growing interest of institutional investors in the Solana ecosystem.

Investor Interest in Solana

According to a Bloomberg report, Galaxy Digital, Jump Trading, and Multicoin Capital, leading investors in the crypto industry, intend to acquire Solana. This step underscores the interest of institutional players in the Solana ecosystem, which is attracting attention due to its high transaction capacity and low-cost infrastructure.

Potential Impact of Investments

It is expected that the purchase of tokens worth $1 billion will have a significant impact on the Solana market, increasing liquidity and attracting new institutional investors. However, analysts warn that rapid growth of interest may lead to increased price volatility in the short term.

Conclusion on Solana's Future

If the funding plan is successfully executed, it could become one of the most significant corporate investments in Solana in 2025. The investments from Galaxy Digital, Jump Trading, and Multicoin Capital could not only support the development of the ecosystem but also position Solana as a serious competitor in the cryptocurrency world.

The investments in Solana planned by Galaxy Digital, Jump Trading, and Multicoin Capital reflect growing interest and potential dynamics in the market, which may change the landscape of the ecosystem in the near future.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Pudgy Penguins Drops 8%: Analysts Predict Positive Trends

chest

Pudgy Penguins (PENGU) fell 8%, but analysts see potential for a rise to $0.10. Support at $0.0296.

user avatarGiorgi Kostiuk

PENGU Forms Bullish Flag – Is a Surge to $0.1 Coming?

chest

The PENGU token chart shows a bullish flag pattern that could lead to a price increase to $0.1, as analysts suggest.

user avatarGiorgi Kostiuk

Shiba Inu and PEPE: Volatile Themes in the Cryptocurrency World

chest

Shiba Inu and PEPE face challenges, while alternatives like Remittix attract attention for their utility.

user avatarGiorgi Kostiuk

Toncoin: Current Price and 2026 Predictions

chest

Toncoin prices are declining due to the dominance of large holders and a general downturn in the cryptocurrency market.

user avatarGiorgi Kostiuk

BitMine Increases Ethereum Holdings to $7.9 Billion

chest

BitMine Immersion Technologies has increased its Ethereum holdings to $7.9 billion, making it the leading corporate ETH holder.

user avatarGiorgi Kostiuk

Ethereum: Can It Repeat 2021's Success?

chest

Ethereum aims for new highs, but the potential for various scenarios remains significant. Analyzing the current state of the cryptocurrency.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.