An unnamed AI-focused project on Solana raised over $33 million in SOL tokens within an hour of its early presale announcement. The 24-hour early investor window and limited information about the project didn't deter investors, who sent 159,300 SOL to the wallet address. This comes amid heightened investor greed, with the Crypto Fear and Greed Index at 77, signaling "extreme greed." Solana's blockchain is gaining attention as a potential "Ethereum killer," with its fees set to overtake Ethereum's. The memecoin frenzy has also contributed to Solana's increased investor interest, with presales for Solana-based memecoins raising over $100 million worth of SOL in just three days.