Galaxy Digital Accumulates $1.2B+ in Solana, Price Soars
The post Galaxy Digital Accumulates $1.2B+ in Solana, Price Soars appeared on BitcoinEthereumNews.com. Key Notes Galaxy Digital scoops up 1.2 million Solana in a single day, worth $306 million. Total Solana purchases reached 6.5 million coins in five days. Solana is trading close to $236, gaining 25% over the past month despite a slight daily dip. Galaxy Digital has bought another 1.2 million Solana SOL $234.7 24h volatility: 4.4% Market cap: $127.33 B Vol. 24h: $10.76 B , worth about $306 million, in the past 24 hours. The new move adds to a buying spree that has seen the investment firm secure nearly 6.5 million Solana in just five days. The total value of these purchases is now pegged at about $1.55 billion. Galaxy Digital Expands Solana Holdings Data from Lookonchain reveals that the recent 1.2 million Solana purchases were made across multiple exchanges on Sept. 14 before being transferred to Fireblocks, a well-known crypto custody firm. On-chain data shows Galaxy has been buying Solana in blocks ranging from tens of thousands to hundreds of thousands of tokens. According to the update, each transaction is worth millions of dollars. The pace of buying has surprised many in the market. Galaxy Digital bought another 1.2M $SOL($306M) in the past 24 hours. Their total buys over the past 5 days have now reached ~6.5M $SOL($1.55B).https://t.co/f4FXOfK0vJ pic.twitter.com/NQ9da23mzm — Lookonchain (@lookonchain) September 15, 2025 It is worth noting that Galaxy is not making these moves in isolation, but with a major catch tied to industry partners. The company recently joined forces with Multicoin Capital and Jump Crypto to form a new crypto treasury company. The aim is to build reserves of digital assets, and Solana has become the centerpiece of this push. In addition, Galaxy Digital has invested in Forward Industries. Forward, which started as a medical device maker, has now shifted its focus to digital assets.…
The post Galaxy Digital Accumulates $1.2B+ in Solana, Price Soars appeared on BitcoinEthereumNews.com.
Key Notes Galaxy Digital scoops up 1.2 million Solana in a single day, worth $306 million. Total Solana purchases reached 6.5 million coins in five days. Solana is trading close to $236, gaining 25% over the past month despite a slight daily dip. Galaxy Digital has bought another 1.2 million Solana SOL $234.7 24h volatility: 4.4% Market cap: $127.33 B Vol. 24h: $10.76 B , worth about $306 million, in the past 24 hours. The new move adds to a buying spree that has seen the investment firm secure nearly 6.5 million Solana in just five days. The total value of these purchases is now pegged at about $1.55 billion. Galaxy Digital Expands Solana Holdings Data from Lookonchain reveals that the recent 1.2 million Solana purchases were made across multiple exchanges on Sept. 14 before being transferred to Fireblocks, a well-known crypto custody firm. On-chain data shows Galaxy has been buying Solana in blocks ranging from tens of thousands to hundreds of thousands of tokens. According to the update, each transaction is worth millions of dollars. The pace of buying has surprised many in the market. Galaxy Digital bought another 1.2M $SOL($306M) in the past 24 hours. Their total buys over the past 5 days have now reached ~6.5M $SOL($1.55B).https://t.co/f4FXOfK0vJ pic.twitter.com/NQ9da23mzm — Lookonchain (@lookonchain) September 15, 2025 It is worth noting that Galaxy is not making these moves in isolation, but with a major catch tied to industry partners. The company recently joined forces with Multicoin Capital and Jump Crypto to form a new crypto treasury company. The aim is to build reserves of digital assets, and Solana has become the centerpiece of this push. In addition, Galaxy Digital has invested in Forward Industries. Forward, which started as a medical device maker, has now shifted its focus to digital assets.…
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