Key Notes
- Pantera Capital aims to raise $1.25B to build a Solana-focused treasury vehicle.
- Institutional giants like Galaxy Digital and Jump Crypto plan a $1B Solana treasury initiative.
- Ali Martinez keeps his $300 target, citing support at $176 and resistance at $207.
Solana SOL $189.3 24h volatility: 5.3% Market cap: $102.44 B Vol. 24h: $9.95 B turned bearish alongside the broader market in the past 24 hours, dropping 7% and trading at near $189. Despite the dip, prominent analysts are confident in the token’s long-term trajectory.
Interestingly, the surge in volatility follows major corporate entities contemplating investment in the SOL token in one form or the other.
Pantera Capital’s Bold $1.25B Solana Treasury Plan
Pantera Capital is reportedly seeking to raise up to $1.25 billion to transform a Nasdaq-listed firm into Solana Co., a public vehicle designed to accumulate Solana tokens as treasury assets.
The initiative would begin with a $500 million raise, followed by $750 million through warrants.
This comes after Pantera disclosed it has already deployed $300 million into digital asset treasury (DAT) firms across various tokens and geographies.
Long-Term Merit Is Crucial
Pantera emphasized that the long-term merit of the underlying token is the key factor for DAT’s success.
Currently, its portfolio spans eight projects, with Solana playing a central role alongside investments in Twenty One Capital, DeFi Development Corp, and Sharplink Gaming.
Pantera also recently backed Sharps Technology , a Solana treasury vehicle seeking more than $400 million.
Institutional Momentum Is Building
On Aug. 26, a report claimed that Galaxy Digital, Jump Crypto, and Multicoin Capital are collaborating on a $1 billion digital asset treasury plan focused on Solana.
The firms, with Cantor Fitzgerald as lead banker, are expected to finalize the acquisition of a public company to execute this strategy by early September. The Solana Foundation is also backing the initiative.
Analyst Ali Martinez: Buy the Dip or Breakout
Crypto analyst Ali Martinez remains bullish, keeping his $300 target intact despite the 7% daily pullback.
According to Martinez, SOL faces a critical zone between support at $176 and resistance near $207. “Buy the dip at $176 or the breakout at $207. Target stays $300,” he wrote.
Solana $SOL rejected again. Buy the dip at $176 or the breakout at $207. Target stays $300. pic.twitter.com/eUwWJMYOgu
— Ali (@ali_charts) August 26, 2025
Martinez’s chart suggests that if Solana can hold its ascending trendline and break above the $207 resistance, Fibonacci extensions point toward higher levels, with key targets at $250, $277, and ultimately $321, making SOL one of the best crypto to buy in 2025.
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