Solana (SOL) Price Prediction: Treasury Buys Exceed 2 Million SOL as Tokenization Demand Rises
05 Sept 2025 · 06:43 UTC · CoinCentral RSS Feed · Original source
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Summary
DeFi Development Corp bought 196,141 SOL tokens at $202.76 each, bringing their total holdings to over 2 million SOL worth $409 million. Galaxy became the first public company to tokenize SEC-registered shares on Solana's network through Superstate. SOL is trading at $203.90 with a market cap of $111.76 billion.
Why it matters
The purchase of a significant quantity of SOL tokens indicates a bullish outlook on Solana and its use cases, specifically around regulatory tokenization applications. This could attract more institutional investors to the network, potentially increasing trading volumes and price. Additionally, if tokenization proves to be a successful use case, it could strengthen Solana's market position and encourage further development and investment in the ecosystem, further driving market dynamics for SOL and altcoins.
Expected impact
The recent acquisition of over 2 million SOL tokens by DeFi Development Corp signals growing institutional interest in Solana, particularly in the context of tokenization trends. This could lead to increased demand and price appreciation over the coming weeks to months, impacting both SOL and potentially influencing broader market sentiment towards altcoins.