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Home » Solana Jumps As Janover Adds $5M To Treasury Strategy, Doubling Down On Crypto Pivot

Solana Jumps As Janover Adds $5M To Treasury Strategy, Doubling Down On Crypto Pivot

Bezinga by Bezinga
8 months ago
0 0

Solana (SOL) rose over 6% Friday morning to over $120.00, building on strong gains from earlier in the week as markets reacted to renewed institutional confidence and continued macro volatility.Its latest catalyst is a second major crypto purchase from publicly traded real estate tech firm Janover Inc, which snapped up 44,158 SOL—worth approximately $5 million—as part of its treasury allocation strategy.
The buy brings Janover’s total Solana holdings to 83,084 SOL, or roughly $9.6 million, according to a company press release issued Friday morning. The company confirmed it will begin staking the newly acquired SOL immediately, joining the growing ranks of corporate entities seeking yield and ecosystem participation via validator nodes.
The purchase marks the second major Solana investment from Janover in less than a week, …Full story available on Benzinga.com

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