SOL Strategies Drops $20M on Solana—Bullish Bet or Just Another Crypto Shopping Spree?
In a move that’s either genius or just another hedge fund chasing shiny crypto objects, SOL Strategies just scooped up 122,524 SOL tokens—worth a cool $20 million at today’s prices.
Why it matters: Big-money players doubling down on Solana could signal confidence in its tech… or just another case of ‘monkey see, monkey do’ in the institutional crypto circus.
The punchline: While TradFi suits still debate blockchain’s merits, the smart money’s quietly loading up. But hey, at least they didn’t blow it all on JPEGs this time.