$SOL
-0.38%
Solana’s biggest buyer right now? Wall Street in crypto clothing. In 5 days, Galaxy Digital scooped up 6.5M $SOL (~$1.55B), including $306M in a single day. This spree follows their $1.65B private placement with Multicoin & Jump, backing Forward Industries’ pivot into becoming a “Solana treasury company.” With Solana TVL at $12B and treasury firms reportedly holding $3–4B worth of $SOL already, this looks like a structural shift in how institutions treat crypto balance sheets. Are we watching the early stages of Solana becoming the corporate treasury standard of Web3?
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