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Sol Strategies buys validators for four networks including Solana for nearly $18 million

Internet reports that Sol Strategies, a crypto investment company led by Leah Wald, former owner and co-founder of Valkyrie Investments, purchased validators for four networks including Solana for nearly $18 million. The company will purchase validators for Solana (SOL), Sui (SUI), Monad and ARCH networks from Cogent Crypto, and most of the funds will be concentrated on SOL. A verifier is an entity that processes transactions and helps maintain the security of proof-of-stake blockchains such as Solana and Ethereum by pledging or pledging a certain amount of online cryptocurrency. According to TradingView data, Sol Strategies 'share price has risen more than 900% this year, while Solana has risen 113%.

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