SolMate Buys $50M SOL at -15% Discount: Can Solana Recover Amid Tariff Tensions?

99BitcoinsWednesday, October 15, 2025 at 5:41:29 AM
SolMate Buys $50M SOL at -15% Discount: Can Solana Recover Amid Tariff Tensions?
SolMate Infrastructure has made headlines by purchasing $50 million worth of Solana (SOL) at a 15% discount, a move that comes amid rising tariff concerns. This acquisition raises questions about the stability of SOL in a week marked by risk aversion in the market. The involvement of a significant player like SolMate could indicate a potential for recovery in Solana's value, but the ongoing tariff tensions add an element of uncertainty. Investors are keenly watching how this corporate demand will influence SOL's performance in the coming days.
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