Solana’s Institutional Adoption: Tokenized Fund Fuels Rally Toward $300
Solana (SOL) is making waves in the crypto market as institutional interest grows, driven by the launch of Asia's first regulated tokenized money market fund on its blockchain. CMB International Asset Management (CMBIAM) has partnered with Singapore's digital asset infrastructure providers to offer this innovative fund, marking a significant milestone for Solana's ecosystem. This development has bolstered bullish sentiment, with analysts projecting SOL could reach $300 in the near term. The fund's launch underscores Solana's scalability and regulatory compliance, attracting both retail and institutional investors. As of August 2025, SOL continues to outperform major cryptocurrencies, solidifying its position as a leading blockchain platform for decentralized finance (DeFi) and tokenized assets.
CMB’s Tokenized Fund Lifts Solana Into Breakout Toward $300
Solana (SOL) continues to outperform in the current crypto cycle, drawing attention from both retail and institutional investors. The latest catalyst comes from CMB International Asset Management (CMBIAM), which launched Asia's first regulated, publicly offered tokenized USD money market fund on the solana blockchain. This development reinforces bullish projections targeting $300 for SOL.
The fund, developed with Singapore's DigiFT, marks a significant step in blockchain's integration with traditional finance. It offers multi-chain access across Solana, Ethereum, Arbitrum, and Plume while complying with Singapore's regulatory framework for accredited investors. Real-time liquidity eliminates traditional settlement delays, showcasing Solana's scalability and low-cost advantages for tokenized real-world assets.
Former Pump.fun Developer Pleads Guilty to $2M Solana Theft Amid Platform's Surge
Jarett Dunn, a former senior developer at Solana-based platform Pump.fun, has confessed to stealing $2 million worth of SOL in a brazen internal heist. The May 2024 incident—executed in just 100 minutes—ironically coincided with Pump.fun's rise as a top crypto platform, showcasing the industry's paradoxical resilience.
Dunn's guilty plea from London's HMP Pentonville prison follows a bizarre saga involving psychiatric claims, public X confessions, and a Robin Hood narrative embraced by some crypto communities. The case exposes systemic vulnerabilities in crypto operations while highlighting Solana's continued momentum despite scandals.
Could Solana Skyrocket to $360 After Final Buy-the-Dip Opportunity?
Solana (SOL) may present traders with a final buy-the-dip opportunity before a potential surge to $360, fueled by strong performance in 2025. Technical analysis suggests a possible retreat to the $141.65–$113.10 Fibonacci region before resuming bullish momentum.
A rebound from $190 could propel SOL to $294–$500, offering up to 180% near-term upside. Analysts highlight robust network activity and developer engagement as key drivers for Solana's upward trajectory.
Market sentiment remains bullish, with traders eyeing resistance levels around $206. A retracement could create an optimal entry point before the next leg up.
Solayer Launches SVM Bridge to Enhance Solana Ecosystem Interoperability
Solayer has introduced the SVM Bridge, a new interoperability protocol designed to connect Solana with SVM-based chains like InfiniSVM. The bridge promises ultra-low latency, minimal fees, and native SVM support, eliminating translation layers for faster asset transfers.
"SVM Bridge keeps interoperability native to SVM—deterministic, low-latency, and simple for builders. You sign once, keep your tooling, and MOVE assets at chain speed without translation layers," said Chaz, Founding Engineer at Solayer. The network achieves finality in one second with fees as low as 0.0006 SOL.
The project has partnered with SOON, leveraging its Decoupled SVM model to expand cross-chain capabilities. This development signals growing infrastructure maturity for Solana and SVM-compatible chains.
