Galaxy Digital Acquires Major Solana Holdings: Institutional Interest Booms

A significant investment from Galaxy Digital has sent shockwaves through the Solana ecosystem, signaling a surge in institutional interest. The firm’s purchase of over 2.15 million SOL, valued at up to $536 million, is part of their larger $1.65 billion private Solana investment strategy. This acquisition comes amidst a broader shift toward crypto asset allocations as institutions recognize the potential of Solana’s ecosystem.