Galaxy Doubles Down on Solana with $1 Billion Treasury Bet

Crypto giant Galaxy Digital has made a significant commitment to Solana, purchasing over $536 million worth of the cryptocurrency in a single day. This move fuels their broader plan to invest an additional billion dollars into Solana for Multicoin Capital’s digital asset treasury (DAT). Driven by institutional confidence and regulatory shifts, the crypto market is witnessing a surge in Solana adoption.