iSpecimen invests a significant sum of $200 million into Solana's treasury, details unveiled
In a significant development for the cryptocurrency market, Solana (SOL) has broken the $200 barrier, fueled by an influx of institutional demand from public companies. This surge in demand has tightened the supply of SOL, reinforcing confidence in Solana’s ecosystem and future growth.
Key players in the SOL market, such as Upexi, DeFi Developments Corp, SOL Strategies, and Torrent Capital, now hold over 3.5 million SOL, worth nearly $600 million. Upexi alone has acquired 1.9 million SOL since April 2025, staking the holdings for an 8% annual yield, demonstrating a strategic, long-term commitment.
Recent network upgrades enhancing scalability and transaction speed, coupled with ecosystem growth, have strengthened Solana’s fundamental value, attracting more institutional interest. For instance, the arrival of over 100 new dApps on the Solana network has bolstered its appeal.
The surge in institutional demand for SOL has been reflected in its price performance. In mid-August 2025, SOL surged over 99% in 24 hours and broke above the $200 resistance level, with strong technical indicators supporting further gains.
AI-driven forecasts and institutional market sentiment project the price of SOL could reach $350 by October 2025, with some projections extending to over $500 by year-end. However, these projections are contingent on broader market conditions and regulatory developments, such as the SEC's expected ETF decisions around mid-October 2025.
The impending U.S. SEC decision on Solana-focused ETFs is widely viewed as a major catalyst that could accelerate institutional inflows and price appreciation, potentially helping SOL maintain an upward trajectory beyond $200 towards new highs.
Meanwhile, the demand for Bitcoin and Ethereum from treasury firms has been higher than Solana. However, the recent move by bio-tech firm iSpecimen to build a $200 million SOL treasury signals increasing market interest in Solana by public firms. According to Binance's top traders, if the recovery extends, SOL could soar even higher.
In summary, the surge in institutional demand from public companies has propelled Solana above $200, reduced supply, and underpinned strong technical and fundamental momentum. This positions SOL as a leading candidate to surpass $200 sustainably and possibly reach $300–$350 by late 2025, especially if regulatory clarity on ETFs is favourable.
[1] The Block [2] CoinGlass [3] AI-driven forecasts [4] Binance's top traders [5] The Block (for information about the $180 hurdle)
- Institutional demand from public companies fueled Solana's surge past the $200 barrier, a significant milestone in the cryptocurrency market. (Text)
- Key players, including Upexi, DeFi Developments Corp, SOL Strategies, and Torrent Capital, collectively hold over 3.5 million Solana (SOL), demonstrating a strategic, long-term commitment via staking. (Text)
- Recent network upgrades and ecosystem growth have attracted more institutional interest to Solana, as shown by the arrival of over 100 new dApps on the Solana network. (Text)
- AI-driven forecasts and institutional market sentiment suggest the price of Solana (SOL) could reach $350 by October 2025, with some predictions extending to over $500 by year-end. (Text)
- The anticipated U.S. SEC decision on Solana-focused ETFs in mid-October 2025 could further accelerate institutional inflows and price appreciation, potentially pushing SOL towards new highs. (Context and text)
