SOL Strategies, a Canadian firm deeply entrenched in the Solana ecosystem, snapped up 24,000 SOL tokens throughout March. The acquisition, priced at an average of roughly $139.8 per token, amounted to a $3.37 million investment that has significantly bolstered the company’s stake in the high-performance blockchain.

In a decisive move that solidifies its position as a major player in the DeFi crypto space, Toronto-based crypto holding company Sol Strategies has dramatically increased its stake in Solana, one of the most prominent blockchain networks today. Between January 19 and January 31, 2025, the firm purchased an additional