$SOL

A recent news about Solana concerns a plan to acquire a Canadian investment company for a convertible note structure of 500 million dollars to obtain Solana tokens. The initial tranche of 20 million dollars is expected to be distributed by May 1, 2025, with the remaining 480 million available in the subsequent phase. This company, called SOL Strategies, is listed on the Canadian stock exchange and made this announcement on April 23, 2025. This agreement is the largest in the Solana ecosystem, signaling strong institutional confidence in Solana's high-performance blockchain position.