What makes Solana SOL one of the biggest winners of the season...?
Cockpit lit with blue and orange lights$BTC
Solana (SOL), the native token of the Solana blockchain that bills itself as the logical choice for commercial blockchains, has just crossed the $200 mark, and publicly traded Sol Strategies aims to be the catalyst for its leadership.
Before you start wondering, Sol Strategies (formerly known as Cypherpunk Holdings)’s role in the Solana blockchain goes beyond Microstrategy’s role in the Bitcoin boom, which is similar to the role of Bitcoin ETFs. Sol Strategies is an investment management firm and a major validator of Solana transactions, meaning that Sol Strategies shareholders not only receive revenue from its “mining” activities by verifying transactions, but they also stand to benefit from planned acquisitions of the Solana ecosystem.