Solana’s Strategic Ascent: Helius Targets 5% SOL Supply Amid Hong Kong Expansion

In a bold move that signals growing institutional confidence in the solana ecosystem, Helius Medical Technologies—now rebranded as a dedicated Solana company—has announced an ambitious treasury strategy to accumulate 5% of SOL's total supply. This position, valued at over $6 billion at current market prices, would establish Helius as one of the largest institutional holders in the Solana network. The company's Executive Chairman, Joseph Chee, has confirmed parallel plans for a secondary listing on Hong Kong's exchange within the next six months, marking a significant step in bridging traditional finance with blockchain innovation. This dual-pronged approach not only demonstrates substantial financial commitment to SOL but also positions Helius to leverage Hong Kong's emerging status as a crypto-friendly financial hub. The accumulation strategy reflects deepening institutional belief in Solana's long-term value proposition, particularly its scalability advantages and growing developer ecosystem. Meanwhile, the Hong Kong listing plans highlight the increasing globalization of crypto enterprises and their pursuit of regulatory-compliant growth pathways. As of October 2025, this development represents one of the most substantial corporate treasury allocations to a single cryptocurrency, potentially setting a precedent for other firms considering similar crypto-native financial strategies. The move could catalyze further institutional adoption of Solana while strengthening its market position against competing layer-1 blockchains.

Solana Treasury Firm Helius Targets 5% of SOL Supply, Hong Kong Listing

Helius Medical Technologies, rebranded as Solana Company, is aggressively expanding its crypto treasury strategy. The firm aims to accumulate 5% of SOL's total supply—a position worth over $6 billion at current valuations—to establish itself as a dominant institutional holder in the Solana ecosystem.

Executive Chairman Joseph Chee confirmed plans for a secondary listing on Hong Kong's exchange within six months, contingent on meeting market cap thresholds and regulatory requirements. "We will come here as soon as possible," Chee stated, highlighting Asia's strategic importance in crypto infrastructure development.

The company currently holds 2.2 million SOL tokens and has earmarked $15 million in cash reserves for further acquisitions. Chee cited Solana's 1,500+ TPS throughput and cost-efficiency as decisive advantages over ethereum for institutional treasury operations.

SOL Price Rebounds Above $226, What’s Coming Next?

Solana's blockchain ecosystem has surged past competitors, generating $2.85 billion in annual revenue by October 2025. This achievement, set against fierce rivalry with Binance Smart Chain’s BNB-based coins, has ignited fresh debates and fund rotation discussions.

SOL, Solana’s native token, currently trades at $226, supported by robust technical indicators and Optimism around spot ETF approval. Bullish analysts project potential surges beyond $425, underscoring the momentum behind Solana’s rise.

Institutional accumulation is a key driver. Helius, rebranded as Solana Company, plans to acquire over 5% of SOL’s total supply and aims for a Hong Kong public listing within six months. This follows earlier accumulations by heavyweights like Pantera Capital and the Solana Foundation.

ETF hopes are intensifying. Major players, including Fidelity and VanEck, have submitted spot SOL ETF filings, facing SEC scrutiny in October. Industry prediction markets assign high odds to approval by year-end, a catalyst behind SOL’s recent 25% rally over 60 days. Filing upgrades, including staking options, signal ongoing negotiations.

Solana Price Eyes $425 as Monthly Chart Flashes Bullish Pattern

Solana's price action is painting a compelling technical picture, with a cup-and-handle formation emerging on monthly charts. This classic bullish pattern suggests potential upside toward $425 if confirmed, despite recent volatility that saw SOL dip 25% from its $253 high.

The token maintains key support levels, trading above the 20-day SMA at $220 and holding within a long-term ascending channel. Market participants are watching for a decisive break above the $253 resistance level, which could open the path for substantial gains.

While short-term momentum shows signs of fatigue with lower highs forming, the broader structure remains intact. Analysts note that macroeconomic conditions will play a crucial role in determining whether this technical setup materializes into a sustained rally.

Solana Price Prediction: Technical Setup Points to $240 Breakout

Solana's price shows strong potential for a 9% surge toward $240 within the next two weeks, according to converging technical analyses. The bullish outlook stems from improving momentum indicators and favorable moving average configurations, with multiple analysts projecting targets between $233 and $240.

Bitmorpho and 30rates.com both pinpoint $240 as the key resistance level, while Changelly maintains a slightly conservative $233.33 forecast. Historical October patterns suggest seasonal tailwinds could amplify the 12.7% monthly gain projection.

The $241.82 resistance level remains the immediate hurdle, with $213 and $190.80 acting as critical support zones. Market sentiment reflects measured confidence in this technical setup rather than speculative hype.