TLDR
- Solana treasuries have surged to over $4.3 billion, with institutions holding around 17 million tokens.
- Co-founder Kaleo predicts that Solana’s price could reach $1,000 based on recent momentum and growing institutional support.
- Analysts suggest that Solana’s chart pattern resembles a cup-and-handle, potentially leading to a price of $500 in the short term.
- Institutions like Forward Industries and Brera Holdings have significantly increased their Solana holdings, signaling long-term confidence.
- The expansion of Solana treasuries highlights strong institutional interest, which could propel the token toward a four-digit price.
Solana’s recent momentum has sparked predictions of a $1,000 price target. Co-founder Kaleo projects the token could hit that mark, driven by growing institutional demand. The rise in Solana treasuries has contributed to this bullish outlook, surpassing a $4 billion valuation.
Institutional Demand Drives Solana’s Growth
Kaleo, a crypto analyst and Solana co-founder, expressed confidence in the token’s price potential. “A $1,000 SOL is no longer a meme but a likely scenario,” he stated. The surge in institutional interest backs this projection. Solana’s adoption by corporate treasuries is growing, contributing to its rise in value.
$SOL is starting to look a lot like $BNB before its massive breakout
► BNB broke past its ATH and shot to $1,000+ after months of consolidation
► SOL is showing a similar cup & handle pattern with resistance around $295
► A clean breakout could target $500+, nearly… pic.twitter.com/DvTYOZtzpg
— BlockchainBaller (@bl_ockchain) September 18, 2025
A rising number of companies are increasing their positions in Solana. These firms now hold large amounts of the token, collectively valued over $4.3 billion. The total number of Solana tokens held in corporate treasuries is around 17 million, which is about 3% of the total supply.
Many analysts have pointed to the rapid growth of Solana treasuries as an indicator of future price movement. As more institutions back Solana, the token’s value is expected to rise.
“The growing support from institutional investors suggests Solana could experience continued growth,” one analyst noted.
Solana’s Cup-and-Handle Formation Points to Higher Price
Another analyst compared Solana’s price chart to Binance Coin’s (BNB) recent all-time-high (ATH) rally. They believe Solana is forming a cup-and-handle pattern, with a resistance near $295. A breakout above this level could signal a move toward $500 in the short term.
The analyst added, “History doesn’t repeat, but it often rhymes. Solana might be the next to follow this pattern.” If the price continues to rise, it could push the token into the $1,000 range in the future.
The growing adoption of Solana in decentralized finance (DeFi) and NFTs has also fueled this prediction. Companies like Brera Holdings are making major pivots to Solana. These moves reflect long-term confidence in the blockchain’s role across various markets.
Solana Treasuries Surge to $4.3 Billion
New data from the Strategic Solana Reserve tracker reveals a significant increase in Solana treasuries. Corporate entities now hold more than $4.3 billion in the token. This surge is largely driven by large players such as Forward Industries, which holds 6.8 million SOL worth over $1.6 billion.
Additionally, Classover Holdings has announced a $550 million plan to grow its holdings. Other entities like DeFi Dev Corp. are also making strategic investments. They plan to deploy millions into Solana-based reserves globally.
