Solana Latest Updates: Surge in Institutional Trust: Solana Network Draws in $500 Million in Treasury Funds, Major Investors Increase Holdings
- A Solana whale added 250,000 SOL via OTC trades, accumulating 827,000 SOL since January 2024, signaling institutional interest. - Mercer Park's $300M acquisition of Cube Group plans a $500M SOL treasury, leveraging staking yields for 7-9% annual returns. - Institutional investors liquidated 1.817M HYPE tokens to buy 350,000 SOL, highlighting arbitrage-driven liquidity shifts in the ecosystem. - Regulatory normalization via FASB's 2025 crypto accounting rules and growing treasuries reinforce Solana's appe
A significant
This whale, recognized as an institutional player who unlocked a 991,000 SOL stake in April 2024, has resumed taking profits by moving 100,000 SOL to Binance on October 23, a transaction valued at about $18.11 million at current market rates, according to Coinotag. Blockchain analysts emphasize that this is a strategic reduction of long-term holdings rather than a panic-driven sale, reflecting prudent risk management by an experienced investor. The transaction has sparked discussions about its potential effects on SOL liquidity on centralized platforms and possible short-term price swings.
At the same time, Mercer Park Opportunities Corp., a SPAC registered in the Cayman Islands, has revealed a $300 million purchase of Cube Group, a hybrid digital asset exchange. The combined company intends to build a $500 million SOL treasury, aiming to earn annual returns of 7-9% from staking,
Meanwhile, another institutional participant has continued a third straight day of HYPE token sales to acquire more SOL. Within four hours, 675,000 HYPE tokens were exchanged for 23.44 million
The intersection of whale transactions, corporate treasuries, and institutional trading points to Solana’s growing maturity. Regulatory shifts, such as the FASB’s 2025 implementation of fair-value accounting for digital assets, have further legitimized crypto holdings and eased reporting requirements for companies, according to Cryptopolitan. As Mercer Park’s $500 million treasury and similar projects progress, they are likely to boost on-chain liquidity and staking rewards, strengthening Solana’s appeal as a leading platform for yield-focused treasuries.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Blocks as Key Strategies: Boosting Energy, Enabling Tech Departures, and Supporting Legal Protection
- Eni SpA acquires 50% stake in Uruguay's OFF-5 offshore block , enhancing its exploration portfolio and Argentina collaboration. - Camlin Fine Sciences adjusts Vinpai acquisition timeline post-Indian regulatory approval, highlighting cross-border deal complexities. - Bain Capital sells $1.14B Coherent Corp. block and $2B Kioxia stake, reflecting tech sector exit strategies amid valuation concerns. - Amazon secures temporary block on New York labor law, challenging state jurisdiction over federal union dis
Bitcoin Updates: Navigating Crypto’s Fine Line—ETF Inflows and Federal Reserve Decisions Shape Upcoming Trends
- Bitcoin and altcoins face a fragile balance between ETF inflows/outflows and Fed policy uncertainty, with BTC trading above $87,000 amid mixed technical indicators. - Ethereum ETFs saw $79M inflows while Bitcoin ETFs lost $151M, highlighting institutional demand volatility as macroeconomic risks persist ahead of the Fed's December decision. - Technical analysis shows Bitcoin below key EMAs with RSI near oversold levels, while Ethereum's death cross pattern and XRP's constrained momentum signal bearish pr
Bitcoin News Update: Bulls and Bears Face Off in a High-Stakes Technical Battle in the Crypto Market
- Bitcoin and major altcoins test critical technical levels as year-end approaches, with mixed signals from institutional activity and derivatives positioning. - Key resistance levels ($89,000 for BTC, $3,000 for ETH) remain contested, with breakdown risks threatening $80,600 and $2,400 support zones. - ETF inflows ($128M for BTC, $79M for ETH) contrast with macroeconomic headwinds, including Fed policy uncertainty and regulatory risks for XRP . - Derivatives data shows bullish positioning (3.14% XRP open
ZEC Experiences Rapid Price Increase: Unveiling the Driving Force of the Cryptocurrency Surge
- Zcash's $9.24B market cap surge by late 2025 stems from strategic upgrades, institutional adoption, and robust on-chain activity. - Institutional investors like Reliance Global Group and proposed ETFs signal growing acceptance of Zcash's hybrid privacy-transparency model. - Network metrics show 1,300% transaction volume spikes, $47.5M fee revenue, and 23% shielded supply, reflecting privacy demand amid compliance needs. - Sustainability concerns arise over ETF centralization risks, speculative FOMO-drive
Trending news
MoreCrypto prices
More
