Solana-Based DEX Altcoin Rallies After $1,400,000,000 Hedge Fund Announces Big Position

A Solana (SOL)-based decentralized exchange (DEX) altcoin is rallying after a major crypto investment firm disclosed a large stake in the project. According to a new Multicoin Capital announcement, the firm with $1.4 billion in assets under management (AUM) has built up a sizable position in Drift Protocol (DRIFT). Drift is an open-source DEX that The post Solana-Based DEX Altcoin Rallies After $1,400,000,000 Hedge Fund Announces Big Position appeared first on The Daily Hodl .