Quick Facts: 1️⃣ A big week for Solana as a16z pours $50M into staking firm Jito and DeFi Development Corp scoops up 86K SOL worth $9.5M.2️⃣ Collectively, Solana treasury firms now hold about 13.5M SOL valued at roughly $2.3B, marking a 466% rise year-to-date.3️⃣Snorter Token is gearing up to launch its trading bot on Solana after its presale close in three days.4️⃣ The bot is positioned to benefit from the growing institutional confidence on the 1 are scooping up Solana like there’s no 2 week alone, DeFi Development Corp just purchased an additional 86K $SOL worth roughly $9.5M. Meanwhile, Andreessen Horowitz’s a16z just invested $50M into Jito Foundation, a Solana staking protocol.
It’s awesome news for projects building on Solana, like Snorter Token ($SNORT) , which is getting set to launch its trading bot on Solana – after its presale closes in just three 3 Treasures Hold $2.3B Worth of $SOL Collectively, the nine Solana treasury firms hold around 13.5M $SOL, valued at roughly $2.3B – a head-turning 466% increase 4 them, Forward Industries has acquired the largest amount of $SOL at 6.82M, valued at roughly $1.2B 5 Development Corp follows with 2.19M $SOL ($389M), and Upexi with 2M $SOL ($357.5M). A16z is also backing Solana, but differently by leading the funding round for Jito 6 powers a $3.2B liquid staking token and operates a validator client built to optimize Solana’s high-speed 7 turn, the new capital will help expand its developer tools, scale its infrastructure, and grow adoption of the Block Assembly Marketplace (a system designed to boost Solana’s efficiency and programmability).
Such backing, whether through direct accumulation or company investments, reinforces Solana’s position as a trusted, maturing 8 help strengthen the entire Solana ecosystem, benefiting projects built on the network, like $SNORT’s Telegram trading bot, Snorter 9 Token Set to Boost Crypto Trading on Solana $SNORT is a pioneering crypto project that’s getting set to launch Snorter Bot to facilitate fast and secure crypto 10 launched this quarter, you’ll be able to buy, sell, and snipe tokens straight away, all directly with the world’s fourth-largest messaging 11 Bot will first launch on Solana to take advantage of the network’s breakneck speeds (a max 65K transactions per second ) and 12.8s 12 buying $SNORT, it also promises to offer you fees as low as 0.85% on the network, making it a highly cost-efficient tool in the 13 its initial Solana debut, it’ll branch out to support EVM-compatible chains, like Ethereum and 14 doing so, you’ll be able to expand your portfolio beyond the best Solana meme coins and hopefully boost your 15 bot offers many features to help you increase your profits, including fast, secure swaps, automated sniping, limit orders, and a copy trading 16 is also high on its list of priorities.
It’ll include built-in protections against rugpulls and honeypots to ensure a safe trading experience, while being 17 $SNORT & Earn Up to 107% APY Rewards $SNORT opens access to a range of exclusive perks across the Snorter ecosystem, not just low gas 18 face no daily sniping limits, gain access to advanced bot analytics, and can earn up to 107% APY through staking 19 such advantages, it’s no surprise that $SNORT has raised over $4.8M on presale, despite being able to buy the coin for as little as $0.1081. Our Snorter Token price prediction anticipates $SNORT reaching $0.94 this year’s post-exchange listings, representing a 770% ROI from current 20 won’t be long until $SNORT will be found on some of the best crypto exchanges , as it’s the next step after its presale comes to a close in just three 21 $SNORT on presale before it’s too late.
Disclaimer: We’re not financial advisors so, as always, DYOR and never invest more than you’re willing to 22 by Leah Waters, Bitcoinist – 0
Story Tags

Latest news and analysis from Bitcoinist



