Solana ($SOL ): “Public Firms Chase Staking Rewards—SOL Price Sets Up for $400 Move”
Hook: "FOMO is hitting corporate treasuries—Solana leads the charge."
Key Points:
Public firms like Upexi, DeFi Development Corp., and Bit Mining are amassing SOL—Upexi stakes over 2 million $SOL
, Bit Mining builds a SOL-focused treasury aiming to raise $300M .
A whale is continuing to accumulate SOL via FalconX, picking up 73,500 $SOL (about $13.8 million) in a single day .
The Solana price nears $400, powered by whale activity and retail access, while Axiom reports a $200M revenue milestone .
On-chain and technical indicators suggest a breakout beyond $189 could propel a strong rally despite some recent whale sell-offs .
Takeaway: Institutional interest and concentrated buying are priming Solana for another explosive move—$400 could just be the beginning.
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