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

Investment firm Galaxy Digital has purchased over $700 million in Solana within the past two days, as part of its investment in SOL treasury firm Forward Industries. And the price of Solana has continued to rise, all the while. Galaxy has been transferring SOL mostly from Binance—and also from Coinbase—across multiple transactions, with data from Arkham Intelligence indicating that it has bought just over 3 million SOL since Wednesday. The asset manager may be making these purchases on behalf of Forward Ind ...