Solana’s $500M Boost and $400 Price Target: Institutional Shift Fuels Bullish Momentum
Solana (SOL) has surged past $150 following a $500 million investment aimed at staking infrastructure, with analysts predicting a rally to $400–$600 in the coming months. This development highlights a growing institutional pivot from Ethereum to Solana, reinforcing its position as a leading Layer 1 blockchain.
Solana Secures $500M Investment, Analyst Predicts $400 Price Target
Solana’s price rose 5% on Wednesday, breaching $150 for the first time in April. SOL Strategies announced a $500 million convertible note facility aimed at Solana staking. Analysts expect Solana to consolidate before a breakout, forecasting a $400–$600 target in Wave 5 of the Elliott Wave cycle. The investment underscores a growing trend of institutional capital rotating from Ethereum towards Solana.
Solana-Based Meteora Faces Lawsuit Over M3M3 Meme Coin Scam
Meteora, a decentralized exchange operating on the Solana blockchain, faces a class-action lawsuit over allegations of orchestrating a pump-and-dump scheme tied to the M3M3 meme coin. Plaintiffs assert losses exceeding $69 million between December 2024 and February 2025, citing misleading information disseminated by Meteora and its founder, Benjamin Chow. The complaint also implicates venture firm Kelsier Labs and several executives, accusing them of manipulating the Solana-based token’s price for personal gain. According to the lawsuit, the defendants restricted initial M3M3 sales to an inner circle, artificially inflating its value before offloading holdings onto unsuspecting investors. The case highlights growing scrutiny of meme coin launches and their potential for exploitation in decentralized finance.
Solana Whales Pivot to Underrated Crypto RCO Finance Amid VC Investment
Solana’s recent uptick has been modest, yet it’s enough to stir cautious Optimism among its holders. But the spotlight is shifting to RCO Finance, a nascent altcoin project leveraging artificial intelligence to democratize investing. Institutional players are taking notice, pouring $7.5 million into the venture—a vote of confidence that has analysts tipping it as a future top-tier altcoin. Meanwhile, Solana’s backers are finding solace in the broader market recovery, with Bitcoin’s rebound to $87,000 lending credence to their hopes. The narrative isn’t just about resurgence; it’s about where smart money is heading next.
DeFi Dev Corp Expands SOL Holdings Amid Market Volatility
Solana’s price dipped below $150 despite a recent 10% surge, reflecting broader crypto market fluctuations. DeFi Dev Corp acquired an additional 65,305 SOL, increasing its total holdings to 317,273 SOL worth roughly $47.6 million. Some of the newly purchased SOL was staked through BitGo’s OTC desk. Analysts suggest SOL could rally to $176 if it breaks out of an inverse head-and-shoulders pattern. However, mounting overhead pressure has pushed the price down to $148, with potential further declines toward $140 if the reversal continues.
Solana Emerges as DeFi Powerhouse with $13B TVL Amid Market Slowdown
Solana has solidified its position as a dominant force in decentralized finance, amassing $13 billion in total value locked (TVL) by March 2025. The blockchain continues to outpace competitors in DEX volume, processing over $100 billion in trades despite broader market cooling. SOL’s price trajectory remains upward-bound, supported by robust technical indicators and escalating ecosystem activity. While other networks struggle to maintain momentum, Solana’s infrastructure is increasingly resembling the financial backbone of Web3—earning comparisons to traditional Wall Street’s liquidity and efficiency. The network’s DeFi protocols show no signs of relinquishing their lead, with developers continuing to migrate high-value applications to its high-throughput environment.
