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Solana Golden Cross Sparks 14% Gains as Chinese Firm Allocates $20M to BTC, ETH and SOL
Yahoo Finance·2025-09-12 04:33

Solana’s positive weekly timeframe performance continued with another 2% uptick on Thursday, sending SOL price above 228forthefirsttimesinceFebruary2025.ThelatestSolanapricelegupcomesamidfreshcapitalinflowsfromaChinabasedfashionbrandcalledMOGU.Inanofficialpressrelease,MOGUconfirmedthatitsboardofdirectorsapprovedupto228 for the first time since February 2025. The latest Solana price leg-up comes amid fresh capital inflows from a China-based fashion brand called MOGU. In an official press release, MOGU confirmed that its board of directors approved up to 20 million in allocations to digital currencies, primarily Bitcoin, Ethereum, and Solana, in a bid to diversify its treasury holdings. The corporate ...