100 million SOLs disappeared from Coinbase, the institutional mystery deepened further
Source: CoinWorld
Time: 2025-09-13 03:16:15
More than 100 million Solana (SOL) tokens were transferred to Coinbase Institutional on a large scale, sparking speculation that analysts interpreted as a sign of increased confidence in the organization in blockchain. The deal was detected by blockchain analytics companies, causing a 15% increase in transaction volume, but the price did not show a significant directional trend. Although the transferor has not disclosed it, the move is consistent with the increasing allocation of high-performance blockchains such as Solana, known for its fast transaction speed and low fees.