According to reports, Galaxy Digital, Jump Trading, and Multicoin Capital are preparing to raise funds for a $1 billion purchase of Solana. The large-scale deal aims to secure Solana's liquidity, indicating that institutional investors are focusing on the network.
The plan emerges as Solana regains traction in decentralized finance, tokenization, and gaming. Low fees and high processing capacity continue to attract developers and users, and activity levels are among the highest in the industry.
Large investors seek liquidity in Solana as political attention grows.
Bloomberg reported that companies aim to secure allocations on favorable terms and add depth to secondary markets.
In Europe, policymakers are evaluating technical options for a potential digital euro. The Financial Times highlighted that authorities are assessing public blockchains, with Ethereum and Solana under consideration.
No decision has been made, but the discussion places Solana within a political conversation that goes beyond private products.
Investor interest is also expanding in the U.S. Recently, BeInCrypto reported that VanEck filed for a Solana ETF linked to JitoSol, a liquid staking token.
If regulators approve, institutions would have a regulated pathway for exposure to Solana that integrates staking yields with price performance.
Delays in ETFs may redefine the short-term path.
The regulatory timeline remains uncertain. Previously, the SEC delayed four Solana ETF applications from Bitwise, 21Shares, Canary Capital, and Marinade Finance. The agency set mid-October as the next deadline. The delays reflect a cautious approach to new crypto funds.
Meanwhile, developers are boosting processing capacity and finalization. A governance proposal, Alpenglow (SIMD-0326), aims to reduce block finalization from 12.8 seconds to approximately 100–150 milliseconds. The design introduces a streamlined voting protocol, Votor, to reduce congestion and improve validator incentives as network demand increases.
The potential $1 billion purchase would test market depth and strengthen order books. If approvals come, ETF applications would widen distribution options, while Alpenglow could reduce latency for high-frequency use cases.
Together, these fronts—capital, regulation, and performance—define Solana's short-term setup.
None of the companies involved has issued public comments on the negotiations. Market desks will watch the size, price, and lock-up terms, as execution choices may influence liquidity conditions.
Observers are also monitoring how staking products, validator economics, and custody controls evolve as institutions increase exposure. At the time of this analysis, Solana (SOL) is trading at approximately $198.50.
Solana Price Chart. Source: BeInCrypto.
Solana's position now encompasses private investment strategies and public policy debates. If the purchase proceeds and regulators advance on ETF pathways, Solana could consolidate its role as a high-capacity platform that supports institutional workflows alongside retail activity.
If Alpenglow is launched on schedule, latency and finalization targets will align more closely with conventional market infrastructure.
The article 'Three major companies are planning a $1 billion purchase of Solana' was first seen on BeInCrypto Brazil.
