Sol rides Solana treasury interest to 100 billion USD market capitalization milestone

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.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts