Sharps Technology nearly doubled yesterday after its stock surged 96% following its $400M Solana treasury announcement.
The official announcement had Alice Zhang, Sharps’ Chief Investment Officer, declare:
Solana is the internet capital markets, the next evolution in global finance.
Solana leads in staking yield, chain revenue, and app revenue among all major blockchains. We believe creating a digital asset treasury will generate significant long-term value for Sharps Technology’s shareholders.
Following the statement, the company’s stocks jumped from $7.40 to $14.53, then fell back to around $12 at the close. STSS now trades at $10.35, still up 40.72%, showing the lasting impact of Sharps’ announcement.
A $400M Solana treasury would put projects like Snorter Token ($SNORT) directly in the spotlight because of their blockchain utility and scope.
Snorter Token’s Solana-based Snorter Bot makes coin hunting rewarding and beginner-friendly.
Sharps Technology Mimics Strategy’s Bitcoin Gameplan
Sharps Technology’s Solana treasury plan follows the same blueprint established by Michael Saylor’s strategy.
Strategy is the top name in Bitcoin adoption, holding a reserve of 632,457 $BTC, valued at over $70 billion.
More importantly, Strategy is just one of over 300 entities currently holding 3.68M Bitcoins in their reserves and the largest $BTC holder among all public companies, according to Bitcoin Treasuries data.
BitMine chose Ethereum instead and was able to purchase 190,500 $ETH in just one week, boosting its reserves to 1.7 million coins and becoming the largest $ETH holder in the world.
Sharps Technology is following the same approach for a few reasons. The first reason is Trump’s GENIUS Act, which just started its implementation phase and is expected to be completed sometime after October 2025.
Then there’s the fact that Solana is the fastest and most reliable public blockchain in the world, with a real-time TPS of 881 and a maximum theoretical TPS of 65,000, compared to Bitcoin’s 7.
In this context, Sharps’ investment could further boost Solana’s development and propel projects like Snorter Token ($SNORT) to new heights.
How Snorter Token ($SNORT) Turns Coin Hunting Fun and Profitable
Snorter Token ($SNORT) turns coin hunting fun, profitable, and easily digestible for novice traders looking for a rewarding experience. Introducing codename: Snorter Bot.
Snorter Bot is the main force behind the project, making trading accessible and profitable for both beginners and experienced traders.
The Solana-based bot only operates within its Telegram chat, focusing all activity in one place for greater comfort and safety. This means you won’t need to manage multiple wallets and browser extensions anymore, which can increase your risk of hacks.
The Bot has its own scam detectors to identify suspicious projects and operates quickly, sniping the hottest tokens on the market within milliseconds.
This makes the sniper-rifle-professional Aardvark more effective and responsive than even high-end trading UIs like Raydium, Jupiter, or Pump Fun.
You just need to set up the Bot, guide it correctly, and the hungry Aardvark will start firing.
The Snorter Token presale has raised over $3.4M so far, with $SNORT trading at $0.1025, and it continues to gain momentum.
Investors flock in because they see the potential, which could drive $SNORT’s post-launch surge.
If you want to join the hype train, visit the presale page and purchase your $SNORT while it’s still available at the presale price. Considering the project’s utility and long-term potential, you might not get another chance.
Sharps Technology is Getting Ready for the Altcoin Season
Trump’s GENIUS Act has already moved into its implementation phase, which could signal an altseason coming this fall.
Solana is likely to be among the top gainers due to the ecosystem’s strong performance and investors like Sharps Technology attracting more attention into the ecosystem.
Keep your eyes on bangers like Snorter Token ($SNORT), because the presale is expected to reach significant numbers before the public launch.
This isn’t financial advice. Do your own research (DYOR), manage risks wisely, and invest responsibly.
