šØ BREAKING: Galaxy Digital to Acquire $1 Billion in Solana ($SOL) from FTATEstate
Massive institutional move! Michael Novogratzās Galaxy Digital is leading a consortium to purchase up to $1 billion worth of Solana ($SOL) from the FTATEstate at a deep discount. This isnāt just a tradeāitās a statement.
Why This Matters:
ā Institutional Validation: Galaxy doesnāt throw $1B at garbage. This signals extreme confidence in Solanaās long-term viability.
ā **Supply Shock:** Taking millions of $SOL off the market = reduced selling pressure.
ā FTATEstate Overhang Cleared: Removes a major psychological barrier for investors.
Price Impact:
This could be the catalyst that propels $SOL past $200 and toward new ATHs. Institutions are accumulatingāretail will follow.
The Bottom Line:
This is exactly the kind of news that separates top-tier alts from the rest. Solanaās ecosystem (NFTs, DeFi, memecoins) is already on fire. Now add a $1B institutional buy-in.
The signal is clear.
Always DYOR .....
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