Reports indicate that Galaxy Digital, Jump Trading, and Multicoin Capital are in the process of raising funds for a substantial $1 billion acquisition of Solana. This significant investment seeks to ensure Solana’s liquidity, highlighting the growing interest of institutional investors in the network.
This initiative comes as Solana experiences renewed momentum in decentralized finance, tokenization, and gaming. Attractively low fees and high transaction speeds continue to appeal to developers and users, placing activity levels among the highest in the industry.
Major Investors Pursue Solana Liquidity Amid Increased Regulatory Focus
Bloomberg reported that the companies seek to obtain allocations on favorable terms and enhance secondary markets.
In Europe, policymakers are exploring technical options for a prospective digital euro. The Financial Times highlighted that officials are considering public blockchains, with Ethereum and Solana among the candidates.
No decisions have been made yet, but these discussions position Solana within a policy dialogue extending beyond private sector products.
Investor interest is also rising in the US. Recently, BeInCrypto reported that VanEck has applied for a Solana ETF linked to JitoSol, a liquid staking token.
If approved by regulators, this would provide institutions with a regulated means of gaining exposure to Solana, integrating staking yields with price performance.
ETF Delays May Influence Near-Term Trajectories
The timing of regulatory decisions remains uncertain. Previously, the SEC postponed four Solana ETF applications from Bitwise, 21Shares, Canary Capital, and Marinade Finance, with mid-October set as the next deadline. These delays indicate a cautious approach toward new cryptocurrency funds.
Meanwhile, developers are striving for improved throughput and finality. A governance proposal named Alpenglow (SIMD-0326) aims to reduce block finality from 12.8 seconds to about 100–150 milliseconds. This design introduces a new voting protocol, Votor, intended to alleviate congestion and enhance validator incentives as network demand increases.
The proposed $1 billion acquisition would assess market depth and fortify order books. Should approvals be granted, ETF filings would broaden distribution avenues, while Alpenglow could lower latency for high-frequency applications.
Collectively, these initiatives—capital, regulation, and performance—shape Solana’s short-term outlook.
None of the involved firms have publicly commented on the discussions. Market participants will closely monitor sizing, pricing, and lock-up conditions, as these factors can significantly impact liquidity environments.
Observers are also paying attention to developments in staking products, validator economics, and custody controls as institutions expand their exposure. As of this writing, Solana (SOL) is trading at approximately $198.50.
Solana’s current standing interweaves private investment strategies and public policy conversations. If the acquisition moves forward and regulators progress on ETF pathways, Solana could solidify its position as a high-throughput platform that accommodates institutional workflows alongside retail engagement.
Should Alpenglow launch as initially scheduled, latency and finality targets would better align with mainstream market infrastructure.
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