The post Solana Bulls March North Amid Heightened Treasury Accumulations, Here’s More ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Solana (SOL) traders are projecting an uphill run for the asset, driven by the adoption of massive corporate treasuries over the past few weeks. The dominant trend has seen institutional giants and smaller firms pick up crypto assets, diversifying their balance sheets to boost financials. While Bitcoin remains the leader, altcoins like Solana and Ethereum (ETH) have garnered significant institutional support. Helius Plans 5% Solana Acquisition Solana digital asset treasury firm Helius plans to purchase 5% the supply valued at over $6 billion. This comes amid increased plans to boost its asset reserves before the end of the year. The healthcare technology company moved towards the asset class and secured $500 million last month. In a recent interview, Joseph Chee, the company’s Solana treasury, noted that the new purchase will be made after it meets regulatory and capitalization requirements. The company’s goal is to bag as much as 5% of Solana’s supply within six months. It should be noted that for such a deal to pull through, Solana must be shown to meet suitability criteria that meet public interests. Zhu Junwei, the executive chairman of Helius Solana Company (HSDT), explained that the strategy is a bridge for the flow of funds. He pointed out that the success of a treasury strategy requires proper management to boost financials. “Financing at a cost of capital lower than one to one, that is, getting something originally worth 100 yuan for 200 yuan, is beneficial to shareholders, and your cryptocurrency per share will always increase,” he added.  Advertisement &nbsp This year, traditional firms adopting Solana and other assets have surged, triggering higher prices in the market. Wider sentiments are also at a record level after the market cap broke the $4 trillion mark. A major catalyst for renewed Solana… The post Solana Bulls March North Amid Heightened Treasury Accumulations, Here’s More ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Solana (SOL) traders are projecting an uphill run for the asset, driven by the adoption of massive corporate treasuries over the past few weeks. The dominant trend has seen institutional giants and smaller firms pick up crypto assets, diversifying their balance sheets to boost financials. While Bitcoin remains the leader, altcoins like Solana and Ethereum (ETH) have garnered significant institutional support. Helius Plans 5% Solana Acquisition Solana digital asset treasury firm Helius plans to purchase 5% the supply valued at over $6 billion. This comes amid increased plans to boost its asset reserves before the end of the year. The healthcare technology company moved towards the asset class and secured $500 million last month. In a recent interview, Joseph Chee, the company’s Solana treasury, noted that the new purchase will be made after it meets regulatory and capitalization requirements. The company’s goal is to bag as much as 5% of Solana’s supply within six months. It should be noted that for such a deal to pull through, Solana must be shown to meet suitability criteria that meet public interests. Zhu Junwei, the executive chairman of Helius Solana Company (HSDT), explained that the strategy is a bridge for the flow of funds. He pointed out that the success of a treasury strategy requires proper management to boost financials. “Financing at a cost of capital lower than one to one, that is, getting something originally worth 100 yuan for 200 yuan, is beneficial to shareholders, and your cryptocurrency per share will always increase,” he added.  Advertisement &nbsp This year, traditional firms adopting Solana and other assets have surged, triggering higher prices in the market. Wider sentiments are also at a record level after the market cap broke the $4 trillion mark. A major catalyst for renewed Solana…