business

Solana Surges Again as Galaxy Digital Buys Over $700 Million in SOL - Decrypt

Solana hit its highest price since January on Friday, following massive Galaxy buys likely tied to a treasury firm.

By:Simon Chandler
Source:Decrypt
Published:
Solana Surges Again as Galaxy Digital Buys Over $700 Million in SOL - Decrypt
In brief
  • Galaxy Digital has purchased more than $700 million worth of Solana since Wednesday, on-chain data shows.
  • The buys are likely tied to Galaxy's backing of Forward Industries,… [+4260 chars]

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