Solana Treasury Doubles Down: $2.7M SOL Purchase Signals Bullish Staking Strategy
Solana's institutional backers just made a power move—loading up on $2.7M worth of SOL tokens while turbocharging their staking game. This isn't pocket change, folks.
Why it matters: When treasury firms gobble up native tokens like this, it's either extreme confidence or a hedge against their own hype. Either way, validators are popping champagne.
The cynical take: Nothing solves a blockchain's congestion problems like throwing millions at it—except maybe an actual scaling solution. But hey, when in doubt, stake it out.