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by: xpoolPosted on: April 22, 2025

Galaxy Digital Swaps $100M ETH for Solana: Market Implications Spark Discussion

Mike Novogratz-led Galaxy Digital has made a notable shift in its investment strategy, swapping $100 million worth of Ethereum (ETH) into Solana (SOL). Blockchain analysis from Lookonchain reveals this transaction took place last week. This move reflects Galaxy Digital’s growing confidence in Solana amidst the evolving dynamics of the Ethereum ecosystem.

Related posts:

  1. Solana vs Ethereum: Could the Ratio Hit a New High?
  2. Galaxy Digital Dives into Solana: $79.7 Million Stake in SOL
  3. Galaxy Digital Turns to Solana as Ethereum Uncertainty Rises
  4. Standard Chartered Explains Why Galaxy Digital Sold Ethereum for Solana
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