Solana (SOL) just broke through the $200 mark after gaining about 20% over the past week. Many Web3 experts anticipate more gains for the altcoin, especially as the probability of a 25 bps rate cut in September has now increased to 98%.
From institutional allocations to retail adoption, the SOL network is now a serious contender for mainstream use cases. For instance, Jeff Bezos’s space venture Blue Origin will accept Solana, alongside Bitcoin, Ethereum, and stablecoins, for its New Shepard suborbital flights.
Many crypto whales have already begun rotating capital into Solana-based plays, aiming to capture the explosive upside of the projects building on top of it.
One project riding that momentum is Snorter Bot (SNORT), a Solana-based trading bot designed to give everyday traders the speed and precision usually reserved for whales. After raising more than $3 million in its presale, SNORT is gaining traction among savvy investors looking to catch the next 100x coin before it goes mainstream.
Early buyers have a limited time to buy SNORT for just $0.1011 before its price increases in the next presale round.
DFDV’s $165 Million SOL Bet Signals Growing Corporate Confidence in Solana
With Solana’s recent momentum driving it over $200, institutions are taking note. Corporate balance sheets are actively pivoting toward the altcoin, as the views on SOL shift from a speculative gamble to a high-growth, yield-bearing treasury asset.
Among the companies betting big on Solana, DeFi Development Corp (DFDV) stands out for its ongoing accumulation. In its latest Q2 earnings report, the company revealed that it holds about 1.3 million SOL after a $165 million raise in July.
That SOL stash is already generating a roughly 10% annualized staking yield, which translates to nearly $63,000 in SOL daily. The report also notes that the SOL-per-share (SPS) for DFDV investors increased by 47% in just six weeks.
Perhaps even more importantly, the firm is handing other public companies a ready-made playbook as it tokenizes DFDV on Kraken and launches a global “Treasury Accelerator.” Even if a handful of corporate treasuries follow DFDV’s lead, Solana’s circulating supply on exchanges could see a massive dip and set the stage for the next leg higher.
Meanwhile, on-chain analyst Ali Martinez notes that Solana’s last major supply wall is near the $189 level. Glassnode’s UTXO-Realized Price Distribution shows roughly 21.9 million SOL were last transacted near that price point.
This means comparatively few holders bought or sold their coins between $190 and the previous all-time high around $290.
Once Solana $SOL breaks above $189, there’s little stopping it from charging to new all-time highs! pic.twitter.com/on8aLyDpKO
— Ali (@ali_charts) August 10, 2025
In the context of its recent move over $200, SOL’s convincing rise after breaking through the $189 resistance level could pave the way toward a new all-time high.
This bullish momentum is now spilling over into the broader Solana ecosystem, where smart money is hunting for high-performance plays beyond just holding SOL. One of the most talked-about names in this space right now is Snorter Bot, a trading assistant on Solana that’s designed to help retail and pro traders replicate institutional-style strategies.
Snorter Token Presale Tops $3 Million as Traders Eye 100x Potential
Retail and whale investors have poured in over $3 million into the Snorter Token presale, as they foresee huge upside potential after its exchange listing. The presale crypto is the native token of Snorter Bot, an automated trading bot built from the ground up to snipe new 100x meme coins before the crowd even notices them.
What makes it more than a typical bot is its ability to combine speed, precision, and safety in one package. Built directly on Solana, Snorter Bot will operate at sub-second execution speeds and charge only 0.85% per trade, which is significantly lower than most competitors. However, this rate is only applicable for users holding SNORT tokens, whereas non-holders pay 1.5%.
The key advantage of Snorter Bot lies in its ability to scan DEX pools in real time. The moment a new token becomes tradable (whether on LetsBonk, Pump.fun, Raydium, or Jupiter), Snorter Bot executes buy orders within milliseconds, beating manual traders and even many bots. Its proprietary technology will ensure it identifies liquidity pools even before they are listed on public trackers.
Holding the SNORT token will unlock all of the bot’s advanced features and perks. This includes trading fee discounts, staking rewards, and access to high-performance bot modes, including unlimited snipes. The project currently offers a high staking yield of up to 143% annually during the presale phase.
Well-known YouTuber Borch Crypto believes this utility, coupled with the fact that it’s a low-cap token, can help the SNORT offer a 100x return to its presale investors.
Interested buyers can visit Snorter Token’s official website to buy the tokens before the next round of the presale.
As Solana just passed the $200 mark, thousands of SOL-based meme coins could rise alongside it. It’s Snorter’s mission to make sure they do so in your pocket.
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