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Solana Soars: US Pilot Launch and Major Institutional Backing Fuel Rally

Solana Soars: US Pilot Launch and Major Institutional Backing Fuel Rally

Author:
Beincrypto
Published:
2025-08-29 09:30:00
11
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Solana rockets upward as institutional adoption accelerates—proving once again that Wall Street's fear of missing out beats its fear of volatility.

Breaking Through Resistance

The network's latest US pilot program sparks a buying frenzy among institutional players who finally discovered that faster transactions might just be useful. Suddenly everyone's a blockchain believer when the price chart points north.

Institutional Stamp of Approval

Major funds pile into SOL positions, treating the asset like their latest momentum play—because nothing gets traditional finance excited like chasing performance. Who needs fundamentals when you've got FOMO?

The New Institutional Darling

Solana cuts through Ethereum's dominance with blistering speed, positioning itself as the sophisticated choice for institutions that want blockchain benefits without blockchain headaches. Because nothing says 'innovation' like avoiding gas fees.

Market Momentum Builds

Traders bypass traditional safe havens as SOL's rally continues—proving that in crypto, even the suits eventually cave to the siren song of triple-digit returns. They'll call it 'portfolio diversification' right until the crash, of course.

Breakout Momentum Confirms the Trend

Solana (SOL) continues to capture the attention of DATCOs. Recently, Sharps Technology announced raising over $400 million to implement a digital treasury strategy with SOL as its primary asset.

Meanwhile, DeFi Development Corporation increased its holdings by 407,247 SOL, totaling 1.83 million. These moves highlight how institutional capital increasingly views solana as a strategic asset, creating strong support for the SOL price.

On the technical side, chart structures also reveal compelling signals. After a consolidation phase, SOL broke out of an ascending triangle on the 12-hour chart with significant volume. According to analyst Ali, the next target following this MOVE could see SOL soon reaching $300.

SOL price chart on the 12-hour timeframe. Source: Ali on X

SOL price chart on the 12-hour timeframe. Source: Ali on X

However, before touching $300, SOL must first clear several short-term resistance levels. On the daily chart, SOL recently posted a daily gain at the $201 resistance zone, confirming a higher low and bouncing back to $216.

“Reclaiming $216 triggers bullish continuation to $238 as 1st target.” a user on X noted.

Other views suggest that SOL attempts to break through resistance at $235 before eyeing a new all-time high (ATH).

SOL price chart on the 1-day timeframe. Source: Sr Peters on X

SOL price chart on the 1-day timeframe. Source: Sr Peters on X

Some analysts are even more optimistic on higher timeframes, projecting that SOL price could reach $500 in Q1 2026.

These analyses collectively indicate that the bullish trend has been confirmed as SOL continues to print higher lows and successfully reclaim key resistance levels. However, investors should remain cautious, as failure to hold the breakout zone could trigger a “false breakout,” reversing bullish expectations.

Alongside the price rally, Solana also received a macro boost. Using Chainlink, the US Department of Commerce is piloting the on-chain publication of GDP data across blockchains, including Bitcoin, Ethereum, Solana, Tron, Stellar, Avalanche, Arbitrum, and Polygon. This marks the first time government-level economic data has been distributed on-chain, testing transparency and transmission speed.

Solana’s strong performance and high throughput led to its selection as one of the blockchains for this pilot. This strengthens Solana’s infrastructure narrative: it is not just a blockchain for DeFi and NFTs but a foundational LAYER for economic data applications, traditional finance, and RWA products.

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