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
Ferrari’s Approach to Tokens: Blending Racing Heritage and Cryptocurrency to Strengthen Hyperclub Member Loyalty
- Ferrari launches Token 499P, a blockchain asset granting Hyperclub members exclusive auction access to racing cars. - The token, limited to 100 units, enables peer-to-peer trading and aligns with luxury brands' crypto adoption trends. - Partnering with Conio under EU MiCA regulations, Ferrari aims to deepen loyalty while capitalizing on $3.3T crypto market growth. - Analysts predict $10B in tokenized luxury assets by 2030, positioning Ferrari as a pioneer in merging motorsport heritage with digital innov
Ethereum Update: Major Investors Anticipate Recovery as $3,800 Level Remains Intact
- Ethereum (ETH) shows rebound potential near $3,800 support, with ETF inflows reversing recent outflows and institutional demand rising. - Technical analysis highlights $3,800 as critical support and $4,000 as a key breakout threshold for a $4,200 recovery target. - Institutional confidence grows via BlackRock's $110M ETF purchase and whale accumulation, while Fed rate cuts and the Fusaka upgrade add macro support. - Market fear (Fear & Greed Index at 32) and tightening ETH supply from staking reinforce b
Blockchain Connects with Traditional Finance as Australia Issues Its Inaugural Tokenized Government Bonds
- Australia completes first tokenized sovereign bond via blockchain partnership, enhancing liquidity and transparency in government debt markets. - Tether plans $15B-profit USAT stablecoin launch in December 2025, compliant with U.S. GENIUS Act and backed by Anchorage Digital. - Tether's $183B stablecoin dominance drives $20B funding talks, valuing firm at $500B amid expanding U.S. market partnerships. - U.S. regulatory shifts and blockchain adoption blur traditional-digital finance lines, redefining infra
Chainlink Connects Conventional Finance and Cryptocurrency with Enterprise-Level Infrastructure
- Chainlink (LINK) gains traction as a bridge between traditional finance and blockchain through partnerships like S&P Global Ratings' on-chain risk assessments. - Technical analysis and whale accumulation suggest a potential $25-$100 price surge, supported by $116.7M in strategic LINK withdrawals and reduced speculative trading pressure. - Institutional-grade infrastructure, including $25T processed value and privacy-preserving compliance tools, strengthens Chainlink's role in regulated DeFi ecosystems. -
Trending news
MoreCrypto prices
More
