Investment company Galaxy Digital, founded by Mike Novogratz, is significantly increasing its positions in Solana $SOL . According to Arkham Intelligence, over the last 24 hours, the firm has purchased approximately 1.24 million SOL for nearly $300 million through exchanges #Coinbase , #Binance , and Bybit.

Analytical platform Lookonchain specifies that just in the last five days, Galaxy Digital has added around 6.5 million SOL, or over $1.57 billion at current prices.