Solana (SOL) has surged to a nine-month high of $250 following the announcement of a $1.25 billion treasury launch by Helius Medical Technologies in collaboration with Pantera Capital. This significant institutional investment includes $500 million raised through common stock sales and $750 million through stock warrants, earmarked for Solana purchases. The move is expected to further boost Solana's price, potentially reaching $300 or $400.
Meanwhile, BlockchainFX (BFX) is gaining attention in its presale, attracting nearly 10,000 participants and raising over $7.5 million. With a presale price of $0.024 and a guaranteed launch price of $0.05, early investors are positioned for notable returns. BFX offers a live application, staking rewards, and multi-asset integration, making it a promising project in the crypto space.
Solana Surges to $250 Amid $1.25 Billion Treasury Launch
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