Solana (SOL) is back in the spotlight, with Galaxy Digital making a substantial investment of over $486 million in a single day. The firm purchased an impressive 2.15 million SOL, demonstrating their continued support for the blockchain technology and solidifying their growing position within the Solana ecosystem. This move comes as part of a larger strategy to bolster the Solana ecosystem with increased institutional backing. Galaxy Digital is even helping Forward Industries raise $1.65 billion through a private placement deal, specifically designed to build a dedicated SOL treasury. 23 other firms like Jump Crypto and Multicoin Capital are actively supporting this initiative. This surge in institutional investment is driven by factors like Solana’s price momentum and improving regulatory conditions, making it an attractive asset for institutions looking to capitalize on the growing market.