Galaxy Digital has made a significant investment in Solana (SOL), purchasing approximately $536 million worth within the past 24 hours. The company’s transactions originated from various wallets associated with Binance, Bybit, and Coinbase, as reported by on-chain data platform Arkham Intelligence. This substantial purchase follows Galaxy’s earlier investment in a Solana treasury company, sparking speculation about a potential new bull run for the cryptocurrency. On Monday, Galaxy Digital, alongside Jump Crypto and Multicoin Capital, led a $1.65 billion private placement investment in Forward Industries (FORD). This strategic move saw them subscribing for over $300 million to support the company’s transition into a Solana digital asset treasury. The firm’s Nasdaq stock has surged 135% in just five days following the announcement, indicating investor confidence in the project. Blockchain analytics platform Lookonchain highlights Galaxy’s involvement in helping Forward Industries accumulate SOL, although the exact connection between the recent $536 million purchase and this investment remains unclear. Corporate Treasury Growth