Solana Price Rallies 8% As Pantera Plans To Buy $250M SOL From FTX

Solana, one of the prominent cryptocurrencies, witnessed a significant surge of over 8% in its price on March 7, garnering attention from investors. Meanwhile, this rally follows reports indicating Pantera Capital’s ambitious plan to acquire a substantial amount of Solana tokens, worth $250 million, from the estate of bankrupt digital asset exchange FTX.