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Ronin Treasury to start buying back millions of RON starting next week
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$SOL BREAKING: Bitcoin supply on Solana surpassed $1B for the first time ever, an ATH 🔥🔥🔥
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Bitcoin faces resistance at $118K, but ETFs may push BTC price higher
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Institutions continue SOL accumulation Forward Industries announced the formation of its Solana reserve on Sept. 8, saying that crypto native companies like Galaxy Digital, Multicoin Capital and Jump Crypto will fund its efforts to form the reserve. The announcement was followed by a SOL buying spree, with Galaxy scooping up as much as $306 million in Solana tokens in one day. In addition to Forward Industries, Helius Medical Technologies launched a $500 million Solana treasury reserve on Monday. Its efforts were led by crypto venture capital and hedge fund Pantera Capital, as well as fund manager Summer Capital. In a Monday CNBC interview, Pantera Capital CEO Dan Morehead called Solana the “fastest, cheapest, most-performing” blockchain network. At the same time, he also revealed that their company had a $1.1 billion position on the Solana token.
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