Sharps Technology has entered a strategic partnership with Jupiter Exchange to stake $400 million in Solana (SOL) tokens. The medical device company recently acquired over 2 million SOL tokens, each priced at $220, to enhance Solana's network security and earn staking rewards. Jupiter Exchange will facilitate this through its validator and JupSOL platform. Jupiter co-founder Siong emphasized the synergy between Sharps Technology and the Solana ecosystem. Meanwhile, Sharps Technology advisor James Zhang noted Jupiter's prominence as a leading DeFi platform on Solana, with a total trading volume of $2 trillion.
Sharps Technology Partners with Jupiter Exchange for $400M Solana Staking
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