๐จ Pantera Capital Eyes $1.25B Solana Bet โก๏ธ
One of cryptoโs largest funds, Pantera Capital, is reportedly planning to raise $1.25 billion for a public company that will buy and hold $SOL as part of its treasury strategy.
Why this matters:
๐ฐ Institutional Liquidity: A $1.25B raise could inject massive capital directly into Solana.
๐ Buy Pressure: Continuous treasury accumulation may reduce circulating supply of $SOL.
๐ฆ Institutional Adoption: Similar to how MicroStrategy accumulated Bitcoin, or how spot BTC ETFs drove billions into $BTC .
๐ Alt-L1 Milestone: This would make Solana the first non-Bitcoin asset with a large-scale corporate treasury strategy.
Market Outlook:
If Pantera succeeds, Solana could see a MicroStrategy moment โ a structural demand driver that pushes $SOL further into the spotlight as a leading blockchain for institutional investors.
๐ Could this be the start of institutional Solana accumulation?