Lookonchain analysts recorded a major operation from the Galaxy Digital investment company: over the past two weeks, the company has transferred 65,600 ETH (~ $ 105.5 million) to Binance and withdrew 752,240 SOLs (~ $ 98.3 million).
At the time of exchange:
Ethereum: $ 1624 (−1.4% per day, −1.2% per week)
SOLANA: $ 139.86 (−0.5% per day, +6.1% per week)
Fundamentally SOLANA also strengthens the position:
The volume of trading on DEX networks (3 months):
SOLANA: $ 395 billion
Ethereum: $ 364 billion
Active addresses:
SOLANA: 224 million
Ethereum: 79 million
Earlier, on April 17, Galaxy Research proposed to change the voting mechanism for inflation on the SOLANA network - perhaps the transaction is related to this initiative.
