Massive Solana Whale Invests $223 Million, Staking Entire Holdings

A significant whale transaction has sent ripples through the Solana (SOL) community. An investor bought a staggering 1.777 million SOL worth approximately $223 million on Kraken and immediately staked all of the acquired coins. This momentous purchase was highlighted by Ash Crypto and is being seen as highly bullish for Solana’s future, demonstrating growing institutional confidence in the blockchain network.