Huge $500M Deal: Is Solana the Future or Just Another Blockchain Fad?
The first $20 million tranche of this oh-so-generous agreement with ATW Partners is expected to close by May 1, 2025. And guess what? The remaining $480 million is promised for future allocations. So, in short, there’s a lot more money on the horizon. This capital will go towards acquiring and staking SOL, because, you know, generating yield for investors is the plan. They’ll also fortify their validator infrastructure. More money, more infrastructure, more excitement… maybe too much excitement for comfort. 💸