Solana-backed PAC targets Brown with $8M push

Grafa2026/04/16 01:09

By:Grafa

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The Sentinel Action Fund has committed $8 million to support Republican Jon Husted in Ohio’s Senate race, targeting former senator Sherrod Brown.

The PAC is backed in part by the Solana Policy Institute and Multicoin Capital, alongside major financial donors, as the crypto industry ramps up political spending.

The campaign accuses Brown, a known crypto sceptic and former Senate Banking Committee chair, of blocking pro-digital asset policies during his time in office.

The Ohio race is seen as critical in determining control of the Senate, with recent polling showing a tight contest after earlier Republican leads.

The Solana Policy Institute contributed $750,000 to the PAC, while also funding both Republican and Democratic groups in a broader bipartisan strategy.

The spending places Sentinel alongside other crypto-backed PACs such as Fairshake and Fellowship, which are increasingly active in shaping US crypto regulation through election influence.

The outcome of the race could impact the direction of digital asset legislation, though crypto policy continues to gain bipartisan traction in Congress.

At the time of reporting, Solana price was $84.60.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bitget•2026/10/13 07:46