Key facts: Institutional Interest in Solana Grows; Solana Plans Public Listing
Less than 1 min read
- Institutional interest in Solana (SOLUSD) is rising, with firms like Bit Mining and Upexi holding over 3.5 million SOL, worth over $591 million. Analysts project a price target of $400.1
- Sharps Technology has teamed up with Coinbase to manage over 2 million SOL tokens, worth about $435 million, enhancing its treasury strategy on the Solana blockchain.234
- Solana Company aims to acquire over 5% of Solana's total supply and plans a public listing in Hong Kong within six months, following a prior purchase of 2.2 million SOL.5