SOL Gains Momentum as $500M Financing and U.S. Executive Order Spotlight Solana

Binance launched a promotion offering 3% Bonus Tiered APR Rewards with SOL Earn Products from April 25, 2025, to May 8, 2025, with daily rewards distributed to users’ Spot Accounts. Solana Strategies Inc. secured a $500 million convertible note financing agreement with ATW Partners to acquire and stake SOL tokens. GSR led a $100 million private equity investment in Upexi, Inc. to support Solana-based financial strategies. MagicBlock, which develops real-time engines for decentralized games and applications on Solana, raised $7.5 million in a seed funding round led by Lightspeed Faction, with participation from Solana co-founder Anatoly Yakovenko and other investors. U.S. President Donald Trump announced an Executive Order on Digital Assets directing the Presidential Working Group to advance a Crypto Strategic Reserve including SOL, XRP, and ADA.