SkyAI Sells Entire Solana Treasury, Launches $201 Million Tender

Crypto Insight Summary: The company reports $223.8 million in cash and has dropped the offer’s SOL-price condition, while retaining a $3 share price challenged by Bastion Trading. Crypto Insight Analysis: Direction: Bearish SOL Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large SOL sell-off by SkyAI creates short-term selling pressure.