Experts Call For $500 SOL USD: Corporate Treasuries Bid as Solana Signals Breakout

Group 1: Corporate Interest in Solana - Major corporate interest in Solana (SOL) is emerging, with institutional moves reminiscent of past rallies, suggesting a potential price target of $500 if current momentum continues [1] - Helius Medical Technologies announced a $500 million private investment in public equity (PIPE) deal, with an additional $750 million possible through warrants, planning to create a Solana treasury reserve [2] - Forward Industries has committed approximately $1.65 billion towards building its Solana-focused treasury [2] Group 2: Public Companies' Exposure - Public companies such as DeFi Development Corp, Upexi, and Bit Mining have increased their exposure to Solana, with DeFi Development's treasury exceeding $400 million after acquiring about 2.02 million SOL [3] - Upexi's adjusted SOL per share metric has more than doubled, increasing the value of its holdings into the hundreds of millions [3] Group 3: Solana Price Prediction - Analysts are targeting a price of $1,250 for SOL in the 2025-26 bull run, based on a large ascending triangle forming on its weekly chart [4] - The current trading price of SOL is close to $233, just below its recent peak of $249.60, indicating strong demand at the $250 resistance level [5] - A confirmed weekly close above $250 could validate the ascending triangle pattern and lead to a sustained rally [5] Group 4: Long-term Outlook - The long-term target of $1,250 is based on the measured move projection from the ascending triangle pattern, supported by momentum indicators showing steady demand [6] - Solana is currently in a consolidation phase, but the chart suggests an imminent decisive move, potentially establishing it as a leading asset in the upcoming market cycle [6]