On July 5th, Multicoin Capital pledged $1 million in funding for Senate candidates who support cryptocurrency. Multicoin plans to provide financial support to four Republican candidates by donating to the conservative super PAC (PAC) "Sentinel Action Fund". The amount of Multicoin donations depends on the results of Sentinel's crypto donation campaign. According to the Sentinel website, Multicoin will match 100% of (SOL) token donations sent to Sentinel by July 14th. Gemini is hosting Sentinel's crypto donation portal and is accepting various tokens, including SOL.