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SOL Price Prediction: $180 Breakout Could Fuel Rally Toward $500 Target

SOL Price Prediction: $180 Breakout Could Fuel Rally Toward $500 Target

Author:
SOL News
Published:
2025-05-28 17:33:20
14
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[TRADE_PLUGIN]SOLUSDT,SOLUSDT[/TRADE_PLUGIN]

SOL Technical Analysis: Key Levels to Watch Amid Consolidation

SOL is currently trading at $173.50, slightly below its 20-day moving average of $173.68, indicating neutral momentum. The MACD histogram shows bullish convergence at 5.80, though both signal lines remain in negative territory. Bollinger Bands suggest a potential breakout zone between $182.37 (upper) and $164.99 (lower). ’The $180 level remains critical resistance,’ notes BTCC analyst Robert. ’A sustained close above the 20-MA could signal renewed bullish momentum.’

SOLUSDT

Institutional SOL Accumulation Fuels Bullish Sentiment

Major headlines highlight institutional adoption, with Janover doubling its SOL position to $20M and DeFi Development Corp announcing $1B fundraising for solana purchases. Canada’s first SOL spot ETF launch and a $500M investment facility further support demand. ’These developments create structural buying pressure,’ says BTCC’s Robert. ’However, technical resistance at $180 may trigger short-term profit-taking before another leg up.’

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.

SOL Strategies Secures $500M Facility for Solana Investment

Shares of Sol Strategies (HODL) surged after the company announced it secured a $500 million convertible note facility to increase its investments in the Solana network. The capital will be used exclusively for purchasing SOL tokens and expanding the firm’s blockchain validator operation. HODL shares jumped as much as 18% to C$2.16 and were still up 7% from the previous day’s close. CEO Leah Wald called it the largest financing facility of its kind in the Solana ecosystem and the first ever directly tied to staking yield.

DeFi Development Increases Solana Holdings to $48M

DeFi Development Corp (JNVR) has bolstered its corporate treasury with an additional $9.9 million worth of Solana’s SOL tokens, cementing its position as a major institutional holder in the ecosystem. The latest acquisition, executed via BitGo’s over-the-counter desk, includes locked SOL purchased at a discount, bringing the firm’s total holdings to 317,273 SOL—roughly $48 million at current prices.

CEO Joseph Onorati framed the move as a strategic deepening of the company’s ties to Solana, a blockchain increasingly favored for its high-speed transactions and growing DeFi footprint. "This isn’t just an investment; it’s a commitment to the infrastructure we’re building on," Onorati said, echoing sentiments shared by other institutional players betting on Solana’s long-term viability.

The purchase underscores a broader trend of corporations accumulating crypto assets as treasury reserves, with Solana emerging as a preferred alternative to Ethereum for its lower fees and scalability. Market observers note that discounted locked tokens—common in OTC deals—allow institutions to accumulate positions while mitigating volatility risks.

Solana (SOL) Price Stuck at a Major Resistance—Can it Reach $180 in May 2025?

Solana’s SOL token has surged past $150 this week, marking a strong bullish breakout amid broader crypto market reversals. The rally follows a rebound from $134 earlier in the week, with momentum fueled by robust ecosystem metrics and technical strength.

Market sentiment remains anchored to Solana’s fundamentals, including growing adoption and network activity. Analysts now watch whether SOL can overcome key resistance levels to test $180 by mid-2025—a target that hinges on sustained demand and Bitcoin’s market leadership.

Pump.fun’s Massive SOL Deposits to Kraken Spark Controversy

Pump.fun, a Solana-based meme coin platform, has drawn scrutiny after depositing 117,913 SOL ($18.26 million) to Kraken within two hours. This follows a pattern of substantial transfers totaling 3,097,265 SOL ($575 million) since its launch, fueling debate within the Solana community.

Lookonchain data reveals the platform also sold 264,373 SOL for 41.64 million USDC at an average price of $158 per token. The recurring deposits to Kraken suggest strategic liquidity management, though critics question the market impact of such concentrated movements.

DeFi Development Corp Files to Raise $1B for Solana (SOL) Purchases

DeFi Development Corp (NASDAQ: DEFI) has filed a Form S-3 with the U.S. SEC, seeking to raise up to $1 billion through securities offerings. The Florida-based blockchain firm plans to use the proceeds to acquire Solana (SOL) tokens, mirroring strategies employed by other institutional players.

The filing reveals intentions to register 1.24 million shares of common stock for potential resale. This move comes as SOL shows technical indicators suggesting a potential parabolic rally, with growing institutional interest serving as a key catalyst.

Market observers note the parallel to previous institutional SOL accumulation strategies through debt instruments. The proposed offering structure allows flexibility in pricing and terms, with securities potentially being sold in multiple tranches.

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