Solarium On Friday he destroyed Friday, reaching its strongest price since January, since the demand for the treasure of digital assets could be taking shape.
The Token recovered from 5% in the last 24 hours to just $ 240. It has extended weekly profits to 18% and has greatly exceeded Bitcoin and ether (Eth)that advanced only 4% -5% during the same period.
The profits occurred when the digital asset manager Galaxy Digital withdrew about 3.1 million in tokens sun of exchanges, predominantly of Binance and Coinbase, in the last two days, with a total of $ 724 million, showed blockchain data by Arkham Intelligence.
Transactions can have to do with the industries forward (FORD)The Digital Asset Strategy Company with a cash pile of $ 1.65 billion to build a Solana treasure. Galaxy was a main investor in the fund collection round, while its asset management division had the task of “actively managing” the front war chest, according to a press release.
Solana season
Solana’s superior performance could continue, CIO BIT A BIT Matt Hougan forecast earlier this week, since the incoming demand for treasure companies and the anticipation of ETF spot could have a crazy impact and sun, given its lower market capitalization compared to Bitcoin and ether (Eth).
Mike Novogratz, CEO of Galaxy, echoed that opinion in a CNBC interview on Thursday, saying that the market could be entering the “sun season.” The next Solana Treasury company of the investment firm of Crypto Pantera and the possible approval of Sol ETF, bringing new money for cryptography.
His signature also chose the Solana block chain to tokenize his actions with Superstate earlier this month.
Read more: ‘The ingredients are all there’: Solana can be configured to shoot, says Bitwise