Solana’s SOL Coin Holds Strong Above $150 as ETF Gains Momentum

Amid President Trump's high-stakes visit to China and shifting tariff policies, Solana's SOL coin continues to demonstrate resilience, maintaining its position above $150. The Solana ETF (SSK) has made a significant impact, attracting $12 million in initial inflows—a milestone that took SOLZ three months to achieve, SSK accomplished in just one day. This strong performance underscores growing investor confidence in Solana's potential. As the cryptocurrency market watches closely, Solana's robust ETF traction and steady price action position it as a standout asset in the digital finance landscape.

Trump's China Focus and Solana ETF Gains Traction

President TRUMP prepares for a high-stakes visit to China amid legislative shifts toward tariff policies. While no immediate tariff announcements emerge, India anticipates positive news by day's end. Meanwhile, Solana's SOL coin holds steady above $150, bolstered by its spot ETF's strong second-day performance.

The solana ETF (SSK) garnered $12 million in initial inflows—matching SOLZ's three-month milestone in a single day. Pre-market volume hit $3 million, dwarfing SOLZ's $260,000, signaling robust investor appetite. Eric Balchunas, a veteran ETF analyst, highlighted these metrics as indicative of SOL's growing institutional appeal.

DeFi Development Corp. Expands Solana Holdings to $98M Amid Strategic Treasury Expansion

DeFi Development Corp. (Nasdaq: DFDV) has acquired an additional 17,760 SOL tokens at an average price of $153.10, bringing its total Solana reserve to 640,585 tokens valued at $98.1 million. The purchase aligns with the company's treasury strategy to leverage staking rewards and blockchain participation.

The firm, now steered by former Kraken executives, secured $100 million in private funding to fuel further SOL accumulation. A $75.6 million tranche was allocated to structured risk mitigation for convertible note buyers, underscoring institutional confidence in Solana's ecosystem.

DeFi Development Corp. Stock Surges 16.7% on $2.72M Solana Investment

DeFi Development Corp. (DFDV) shares rallied sharply on July 3, closing 16.72% higher at $23.80 after announcing a $2.72 million Solana (SOL) purchase. The Nasdaq-listed company acquired 17,760 SOL at an average price of $153.10, bringing its total holdings to 640,585 SOL valued at $98.1 million.

The strategic crypto allocation added $6.65 per share in underlying value, fueling investor enthusiasm for DFDV's hybrid SaaS-crypto business model. While shares retreated 3.36% in after-hours trading to $23.00, the move underscores growing institutional confidence in Solana's ecosystem.

With 640K SOL staked, DeFi Development Corp. deepens its Web3 exposure while scaling its Core real estate technology platform. The treasury maneuver reflects a calculated bet on blockchain infrastructure as traditional finance increasingly embraces digital asset strategies.

Solana Price Analysis: Institutional Demand May Counter Bearish Trends

Solana (SOL) faces a critical juncture after enduring sustained bearish pressure in Q2. The asset, now trading at $152.83, has declined 3.2% over 30 days while consistently remaining below its 50-week moving average. Technical indicators reveal a concerning head-and-shoulders pattern forming alongside bearish RSI divergence—a $189 breakout WOULD signal trend reversal and potential new ATH pursuit.

Institutional adoption forms the bullish counter-narrative. DeFi integration surges and advanced SEC discussions for spot SOL ETFs suggest growing professional investor interest. "The network's treasury management applications are gaining traction among asset managers," observes one market participant, highlighting Solana's evolving institutional profile.

DeFi Development Corp. Bolsters Solana Holdings with $2.72 Million Purchase

DeFi Development Corp. (Nasdaq: DFDV) has deepened its commitment to Solana, acquiring an additional 17,760 SOL tokens for approximately $2.72 million on July 3, 2025. The MOVE elevates the firm's total Solana holdings to 640,585 SOL, reinforcing its strategic bet on the blockchain's growth potential.

Market analysts interpret the purchase as a calculated portfolio diversification play, aligning with the company's history of targeted crypto investments. "Solana's scalability and developer activity make it a compelling asset for institutional portfolios," noted one trader familiar with the transaction.