Solana’s market cap has hit 100 billion USD amid rising interest from institutional investors. DeFi Dev Corp. Increased its holdings to 999,999 SOL, aspiring to achieve 1 million SOL. Meanwhile, Mercury Fintech secured 200 million USD to develop a SOL treasury, reinforcing Solana’s liquidity.
The Solana ecosystem is emerging favorably for treasury companies and applications generating revenue. With a total value locked exceeding 10 billion USD, SOL is witnessing a spike in demand from whales and institutional investors, bolstering its market position and potential for growth.
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