Autor: dot-traders

• Upexi currently has a market capitalisation of $140.32 million.
• The transaction will help the company boost its SOL holdings by 12% to over 2.4 million tokens.
• Solana has seen notable ETF inflows as SOL price hovers near $140.

Upexi, Inc. said on Tuesday that it has entered into a securities purchase agreement with Hivemind Capital Partners for a convertible note valued at about $36 million, to be issued in exchange for locked Solana (SOL) tokens.

The transaction comes as the Nasdaq-listed company continues to expand its digital asset treasury.

Upexi currently has a market capitalisation of $140.32 million.

Upexi eyes more Solana

Under the terms outlined in the press release, the convertible note carries an interest rate of 1.0%, payable quarterly, with a fixed conversion price of $2.39 per share and a maturity of 24 months.

The SOL tokens provided as consideration will be used to collateralise the note.

The securities were issued through a private placement directly to Hivemind Capital Partners, with no placement agent or underwriter involved.

Upon finalising this deal, Upexi will use the capital to buy more SOL tokens.

If completed, DAT’s holdings of the token would rise to more than 2.4 million SOL.

Upexi CEO Marshall said the company recorded a 34% rise in adjusted SOL per share in 2025, adding that the deal represents “a great start to building SOL per share in 2026.”

“This transaction improves Upexi’s market position in the Solana treasury space, is accretive to our adjusted Solana per share should the Note convert to equity, and has limited credit risk given the in-kind nature of the transaction,” stated Upexi CEO Allan Marshall.

Solana sees ETF inflows, price gains

The announcement comes against a backdrop of renewed strength in the Solana ecosystem, with SOL price gaining to above $140 as spot Solana exchange-traded funds (ETFs) continue to attract consistent institutional capital inflows.

On Jan. 12, SOL ETFs saw a total of $10.67 million in inflows, with SoSoValue showing total net inflows at over $827 million and net assets at over $1.14 billion.

Solana has seen consecutive net inflows since investors pulled over $32 million from various spot ETFs on December 3, 2025.

SOL and XRP have posted consistent positive flows, which contrasts with the mixed flows witnessed for Bitcoin and Ethereum.

This institutional interest has supported SOL’s price, which has shown resilience and bounced to above $140.

On January 13, 2026, the price of Solana hovered around $143, up on the day as Bitcoin broke to $93,500.

The post Upexi plans to expand Solana treasury as SOL trades near $140 appeared first on CoinJournal.

• Railgun rides privacy narrative to above $3.20.
• As Dash, Monero and Zcash surge, RAIL bulls could eye a new all-time high.
• Technicals offer a mixed outlook and profit-taking could derail buyers.

Railgun (RAIL) price surged over 45% in 24 hours to top the $3.20 mark as top privacy coins soared, with Dash going vertical and Monero breaking to $700. Zcash also spiked, as did Pirate Chain, Decred, Oasis and Verge.

The surge for these coins comes despite the negative news of Dubai’s ban on privacy coins, pointing to a resurgence for the sector. Investors looking to rotate into outperforming altcoins see the censorship-resistance tokens as worth a bet.

Notably, Bitcoin and Ethereum have tailed off in the past two days as global risk assets falter on macroeconomic and geopolitical tensions, including the unfolding political situation in Iran.

RAIL pumps 45% to above $3.20

Privacy coins are back into the limelight as Bitcoin and Ethereum, and other top altcoins consolidate. Tokens native to several privacy-focused protocols have exploded in the past 24 hours, with Dash surging to outpace the sector.

Railgun, the zero-knowledge protocol designed to support private transactions for decentralized finance, has emerged as another top gainer.

The protocol has previously received backing from Ethereum founder Vitalik Buterin, and its offering is critical to DeFi.

Exchanges can freeze your account. RAILGUN can NEVER freeze your account.

— RAILGUN – Private Ethereum DeFi (@RAILGUN_Project) January 8, 2026

The RAIL token was up more than 45% at the time of writing, touching highs of $3.20 amid a 176% spike in trading volume. Per CoinMarketCap, bulls elevated the daily volume to over $3.75 million as the price jumped to the intraday high.

Is RAIL price set for a breakout to a new all-time high?

The technical picture for the token signals likely upward continuation.

While key indicators paint a mixed outlook, the surge to $3.20 puts bulls in control.

That’s the outlook on the 4-hour chart, with the relative strength index in the overbought territory to suggest potential profit taking. Bears showed this as prices touched higher points on some exchanges before recoiling to lows just above $3.00.

However, RAIL is also sporting a moving average convergence divergence, painting a strengthening histogram. The MACD recently indicated a bullish crossover.

For buyers, the breakout above $2.27 and $2.91 is key.

While price may yet see a pullback as noted above, a continuation may result in a fresh push to above $4.00. A close above the level will encourage bulls, with key targets being $5.50 and the all-time high of $8.37 reached in November 2021.

On the flipside, major support will be around $2.25 and $1.90.

The post Railgun (RAIL) price jumps 45% above $3 as bulls eye new all-time high appeared first on CoinJournal.