- DeFi Development Corp.’s $1B SEC filing and growing institutional investments are fueling bullish momentum for Solana.
- Technical indicators suggest SOL could soon rally toward the $200 mark as demand continues to rise
Solana (SOL) could be on the brink of a major rally, with growing institutional interest pointing toward a potential price surge to $200. This optimism follows a groundbreaking move by DeFi Development Corp. (DDC), which recently filed a $1 billion shelf offering with the U.S. Securities and Exchange Commission (SEC).
DDC, formerly Janover Inc., is pivoting hard into the Solana ecosystem. Its SEC filing outlines plans to issue a mix of securities—including stock, warrants, and debt instruments—raising substantial capital that could funnel into Solana-focused strategies. Notably, DDC has already acquired $34.4 million worth of SOL and is leveraging this stake as part of a broader institutional entry into the Solana market.
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This aligns with a growing trend of public companies backing Solana’s staking model, similar to initiatives by Galaxy Digital and Sol Strategies. The latter has also committed to a massive $500 million funding deal for Solana staking, further highlighting the blockchain’s appeal among institutional players.
On the technical front, Solana is flashing bullish signals. The MACD indicator has issued a buy signal, and the token is trading above the middle Bollinger Band—typically a strong sign of upward momentum. Analysts suggest that if buying pressure continues, SOL could soon test the $200 resistance level.
Market data also shows heightened activity around Solana. Notably, 117,913 SOL (approximately $18.26 million) was recently moved to Kraken from Pumpfun, a move that may indicate rising trading interest or strategic positioning by larger entities.
The convergence of technical strength and institutional capital inflow paints a compelling picture for Solana’s near-term future. If current trends hold, the $200 price target may not just be speculation—it could become reality.
Bottom line: With DDC’s $1B shelf offering and increasing institutional stakes, Solana appears well-positioned for its next big leap.
