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Solana Price Surge: US Pilot and Institutional Support

Solana Price Surge: US Pilot and Institutional Support

BeInCrypto2025/08/29 01:30
By: Linh Bùi
BTC+0.05%SOL+0.40%ARB+1.35%
Solana is accelerating with strong institutional support, bullish technicals, and U.S. government recognition. Analysts see a path toward $500 as its role in finance and blockchain infrastructure expands.

Solana (SOL) is entering an acceleration phase as it attracts large-scale institutional inflows while reinforcing its technical strength with clear breakout signals.

Solana’s selection for the US pilot program to publish GDP data on-chain further cements its position as a strategic blockchain infrastructure. This development opens prospects for breaking through to higher SOL price levels soon.

Breakout Momentum Confirms the Trend

Solana (SOL) continues to capture the attention of DATCOs. Recently, Sharps Technology announced raising over $400 million to implement a digital treasury strategy with SOL as its primary asset.

Meanwhile, DeFi Development Corporation increased its holdings by 407,247 SOL, totaling 1.83 million. These moves highlight how institutional capital increasingly views Solana as a strategic asset, creating strong support for the SOL price.

On the technical side, chart structures also reveal compelling signals. After a consolidation phase, SOL broke out of an ascending triangle on the 12-hour chart with significant volume. According to analyst Ali, the next target following this move could see SOL soon reaching $300.

Solana Price Surge: US Pilot and Institutional Support image 0SOL price chart on the 12-hour timeframe. Source: Ali on X

However, before touching $300, SOL must first clear several short-term resistance levels. On the daily chart, SOL recently posted a daily gain at the $201 resistance zone, confirming a higher low and bouncing back to $216.

“Reclaiming $216 triggers bullish continuation to $238 as 1st target.” a user on X noted.

Other views suggest that SOL attempts to break through resistance at $235 before eyeing a new all-time high (ATH).

Solana Price Surge: US Pilot and Institutional Support image 1SOL price chart on the 1-day timeframe. Source: Sr Peters on X

Some analysts are even more optimistic on higher timeframes, projecting that SOL price could reach $500 in Q1 2026.

These analyses collectively indicate that the bullish trend has been confirmed as SOL continues to print higher lows and successfully reclaim key resistance levels. However, investors should remain cautious, as failure to hold the breakout zone could trigger a “false breakout,” reversing bullish expectations.

Alongside the price rally, Solana also received a macro boost. Using Chainlink, the US Department of Commerce is piloting the on-chain publication of GDP data across blockchains, including Bitcoin, Ethereum, Solana, Tron, Stellar, Avalanche, Arbitrum, and Polygon. This marks the first time government-level economic data has been distributed on-chain, testing transparency and transmission speed.

Solana’s strong performance and high throughput led to its selection as one of the blockchains for this pilot. This strengthens Solana’s infrastructure narrative: it is not just a blockchain for DeFi and NFTs but a foundational layer for economic data applications, traditional finance, and RWA products.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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