Janover Doubles Solana Holdings to $20M, Shares Surge 1700% Following Strategic Pivot
In a bold move mirroring Michael Saylor’s Bitcoin strategy, fintech firm Janover has doubled its Solana (SOL) investment to $21 million, triggering a staggering 1700% share price rally. The commercial real estate platform’s aggressive crypto accumulation and executive shakeup signal a transformative shift toward blockchain-focused growth.
Janover Doubles SOL Stack to $20M, Share Price Soars 1700%
Janover, a fintech commercial real estate platform, has doubled its SOL stack to roughly $21 million. The company purchased another 80,567 SOL tokens valued at approximately $10.5 million, bringing its total holdings to 163,651. Janover aims to replicate Michael Saylor’s Bitcoin (BTC) strategy with Solana (SOL). The pivot came after a team of former Kraken executives bought majority ownership of the firm. The share price has risen nearly 20-fold in less than a month.
Solana Surges 4.5% as Canada Launches First Spot ETFs
Global economic tensions and trade policy uncertainties are creating volatility in the crypto market. Solana (SOL) navigated these challenges better than many alternatives, with its price rising over 4% on Thursday. The broader market, represented by the CoinDesk 20, ROSE about 3%. According to CoinDesk Research’s technical analysis, SOL has a critical support zone between $125-$127, which successfully rejected multiple downside attempts, while the $133.50-$133.60 area represents significant resistance. Blockchain data shows over 32 million SOL (more than 5% of the total supply) accumulated at the $129.79 level, establishing it as a crucial pivot point for future price action.
Janover Renamed to DeFi Development Corp, Buys $11.5M in SOL
DeFi Development Corp (formerly Janover or JNVR), a real estate-focused fintech company, has purchased an additional $11.5 million worth of SOL tokens. The move brings its total SOL holdings to 251,842 tokens, valued at around $36.5 million. SOL is currently trading at $145. JNVR shares were down 2.5% today but are still up over 800% since adopting the crypto treasury strategy. SOL advanced nearly 5% over the past 24 hours, with the broader crypto market climbing higher.
Solana Price Prediction 2025-2030: SOL Price Targets $500 Next?
Solana coin price could reach a high of $400 in 2025 and $1,351 by 2030. SOL is often called the ’Ethereum-Killer’ and is gradually surpassing Ethereum in the decentralized market. However, due to the ongoing volatility in the cryptocurrency market, SOL is currently trading at a discount of 48.24% from its ATH of $294.33. Crypto investors are eager to know if Solana will go up and if its price will reach $500.
