Galaxy Digital Doubles Down on Solana, Acquiring $486 Million in 24 Hours

Crypto giant Galaxy Digital has made a significant move into the Solana ecosystem, purchasing an impressive $486 million worth of SOL tokens in just one day. The firm’s latest acquisition adds nearly 707,000 SOL tokens to their holdings, valued at roughly $160 million. This strategic investment reflects growing institutional interest in Solana, particularly its DeFi and NFT capabilities. Galaxy Digital’s move underscores the increasing relevance of Solana as a major player within the blockchain landscape.