{"id":10723,"date":"2025-09-15T09:47:36","date_gmt":"2025-09-15T09:47:36","guid":{"rendered":"https:\/\/bitunikey.com\/news\/solana-price-targets-250-as-galaxy-digitals-sol-accumulation-hits-1-6b\/"},"modified":"2025-09-15T09:47:38","modified_gmt":"2025-09-15T09:47:38","slug":"solana-price-targets-250-as-galaxy-digitals-sol-accumulation-hits-1-6b","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/solana-price-targets-250-as-galaxy-digitals-sol-accumulation-hits-1-6b\/","title":{"rendered":"Solana price targets $250 as Galaxy Digital\u2019s SOL accumulation hits $1.6b"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p>Solana\u2019s price is holding strong as Galaxy Digital ramps up its multibillion-dollar push to build a dedicated Solana treasury.<\/p>\n<div id=\"cn-block-summary-block_d23eb28556fee6679db250abec778b6b\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Solana price outlook remains bullish as it trades near $240. Up 16% in a week, with analysts eyeing a $245\u2013$250 breakout and potential move toward $270+.<\/li>\n<li>Galaxy Digital, via Forward Industries, bought 4.3 million SOL in three days, lifting its total to 6.5M SOL worth an estimated $1.55 billion.<\/li>\n<li>Institutional demand fuels market rank as rapid accumulation helped push Solana\u2019s market cap past BNB, making SOL the fifth largest cryptocurrency.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Galaxy Digital, through its Solana treasury vehicle Forward Industries, has purchased another 4.3 million SOL, worth roughly $1.1 billion. According to on-chain tracker Lookonchain, the accumulation occurred over a three-day period, following the $486 million SOL it acquired in a single 24-hour window earlier in the week.\u00a0<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Galaxy Digital bought another 1.2M <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$SOL<\/a>($306M) in the past 24 hours.<\/p>\n<p>Their total buys over the past 5 days have now reached ~6.5M <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$SOL<\/a>($1.55B).<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/f4FXOfK0vJ\">https:\/\/t.co\/f4FXOfK0vJ<\/a> <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/NQ9da23mzm\">pic.twitter.com\/NQ9da23mzm<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/lookonchain\/status\/1967388275708219682?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">September 15, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>The latest activity raises Galaxy\u2019s total holdings to roughly 6.5 million SOL (SOL), valued at about $1.55 billion at current market prices, the majority of which have been moved into institutional custody on Coinbase Prime.\u00a0<\/p>\n<p>Earlier this month, Forward Industries raised $1.65 billion to create a Solana treasury led by Galaxy Digital, in collaboration with two other entities Multicoin and JumpCrypto. With much of that capital already deployed within a week, the fund is racing ahead of expectations and providing a clear tailwind for Solana demand.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Galaxy\u2019s rapid accumulation coincides with Solana\u2019s continued price strength, which has pushed the token toward fresh highs and lifted its market capitalization, recently becoming the fifth-largest cryptocurrency.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Solana price outlook<\/h2>\n<p>Solana is trading around $240 at the time of writing, per market data from crypto.news. Though the asset is down roughly 2.58% on the day, it remains up about 16% over the past week, extending the network\u2019s strong momentum into mid-September.<\/p>\n<p>The token is holding well above its early-month breakout level near $215. SOL recently cleared a key resistance zone around $220, setting up a new ceiling in the $245\u2013$250 range. A decisive close above that level could open the way toward $270 or even $300 in the coming weeks, if buying activity and on-chain growth continue.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Solana price chart | Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/VFgmXGfd\/?symbol=COINBASE%3ASOLUSDT\" target=\"_blank\" rel=\"nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p>Support would be firm in the $220 region if bulls defend price during intraday pullbacks. Failure to maintain that floor, however, could trigger a sharper correction toward $210 or even $200, especially if the market weakens or profit-taking accelerates.<\/p>\n<p>For now, Solana price fundamentals remain strong. SOL\u2019s total value locked in DeFi protocols has reached record highs above $13 billion as capital continues to flow into its ecosystem, and the growing institutional interest adds another layer of demand that can help push gains higher.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana\u2019s price is holding strong as Galaxy Digital ramps up its multibillion-dollar push to build a dedicated Solana treasury. Summary Solana price outlook remains bullish as it trades near $240.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=10723"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10723\/revisions"}],"predecessor-version":[{"id":10724,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10723\/revisions\/10724"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/180"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=10723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=10723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=10723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}