Pantera Capital's Blockchain Fund IV has reported an impressive 850% return on its Solana (SOL) holdings, as disclosed by founder Dan Morehead on October 6. The fund, initiated in 2021, capitalized on three significant doubling events: a 2x return during the FTX bankruptcy fund at a 50% discount, a 1.1x return as SOL's price doubled, and a 2.4x return from a Solana treasury company PIPE transaction. Additionally, the fund benefited from a 7% return through staking rewards.