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- Institutional treasuries now hold 17M SOL worth $4.3B.
- Analysts see a breakout pattern pointing toward $500–$1,000.
- Major firms are launching billion-dollar SOL treasury expansions.
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Solana (SOL) is once again in the spotlight after co-founder and analyst Kaleo projected a potential climb to $1,000. He argued that a four-digit SOL price is no longer a “meme” but an increasingly realistic scenario. The call comes as institutional appetite for the token grows rapidly, with Solana-based corporate treasuries surpassing $4.3 billion.
$SOL / #Solana
— K A L E O (@CryptoKaleo) September 17, 2025
Slowly but surely this is playing out to the T.
$1,000+ SOL isn't a meme. https://t.co/5zXdRKlS54 pic.twitter.com/1zdL7DZHHQ
Momentum builds on bullish chart signals
Market analysts have noted that SOL’s chart structure resembles the early stages of BNB’s historic rally. One analyst highlighted a forming cup-and-handle pattern, with resistance around $295. A breakout above this level could push prices toward $500 in the near term, setting the stage for a run into four-digit territory. “History doesn’t repeat, but it often rhymes, and Solana might be next,” they said.
Corporate treasuries pile in
Much of the optimism stems from Solana’s adoption as a corporate reserve asset. Brera Holdings recently rebranded as Solmate, pivoting fully into Solana-based digital asset infrastructure. The move was backed by Pulsar Group, the Solana Foundation, ARK Invest, and led by former Kraken executive Marco Santori. New data from the Strategic Solana Reserve shows that institutions now hold roughly 17 million SOL—about 3% of supply—with Forward Industries alone controlling 6.8 million tokens worth $1.61 billion.
Also Read: Solmate Unveils $300M Solana Treasury Strategy as ETF Hopes Build
Aggressive expansion plans signal confidence
Forward Industries has also launched a fresh $4 billion financing program to grow its treasury, while Classover Holdings has announced plans to buy $550 million worth of SOL. Meanwhile, DeFi Dev Corp. is expanding its Treasury Accelerator program to deploy up to $75 million per vehicle globally. These moves underscore growing conviction that Solana could become a key institutional asset, not just a speculative play.
With corporate treasuries swelling and technical indicators flashing bullish, Solana is at a pivotal juncture. While risks remain, the scale of institutional involvement is giving weight to once-unthinkable forecasts. If momentum continues, a path toward $1,000 no longer seems outlandish.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
