menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Solana News

>

When XRP T...
source image

Zycrypto

3w

read

93

img
dot

Image Credit: Zycrypto

When XRP Treasury Strategy Play? Pundit Questions As Solana Secures $500 Million Investment

  • Toronto-listed investment firm SOL Strategies has secured a $500 million convertible note facility to buy Solana, reflecting the growing institutional interest in the cryptocurrency.
  • Ripple-affiliated XRP is yet to gain traction as a treasury asset, despite its role in the cross-border payments sector.
  • Ripple CEO Brad Garlinghouse anticipates the launch of a spot XRP exchange-traded fund (ETF) and XRP is expected to be part of the White House’s proposed digital asset stockpile.
  • Solana is gaining momentum as a low-cost and faster alternative to Ethereum, attracting investors and developers.

Read Full Article

like

5 Likes

For uninterrupted reading, download the app