Helius Buys $167M in Solana, Kicks Off $500M SOL Treasury Plan

TLDR: Helius acquired 760,000 SOL at $231 average price, spending $167M from its treasury strategy allocation. The company plans to deploy $500M into Solana, combining direct buys with staking and DeFi use. Helius still holds $335M cash for future SOL purchases, keeping flexibility for market opportunities. The Solana network processes 3,500+ TPS and has 3.7M [...]

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