13 Oct
13Oct

Solana (SOL) traders are anticipating a significant price increase, or "uphill run," driven by a recent trend of massive corporate and institutional adoption of crypto assets for treasury diversification. While Bitcoin remains the primary choice, major altcoins like Solana and Ethereum (ETH) are also attracting substantial institutional support.

Helius Targets 5% of Solana's Supply

A key development in this trend involves Helius, a digital asset treasury firm, which is planning a massive acquisition of 5% of the total Solana supply, an amount currently valued at over $6 billion. This aggressive plan is part of the company's broader strategy to boost its asset reserves and diversify its balance sheet before the end of the year, following a recent $500 million capital raise.

  • Timeline and Conditions: Helius's Solana treasury representative, Joseph Chee, stated the purchase is contingent upon meeting regulatory and capitalization requirements. The goal is to secure the 5% stake within the next six months.
  • Suitability Criterion: The acquisition will also depend on Solana demonstrating that it meets suitability criteria that serve the public interest.
  • Strategic Rationale: Zhu Junwei, the executive chairman of Helius Solana Company (HSDT), explained the strategy is designed to optimize the flow of funds and boost company financials. He emphasized that obtaining financing at a cost lower than the ultimate value of the asset is beneficial for shareholders, as the "cryptocurrency per share will always increase."

Overall, the market views this move by Helius and the wider trend of corporate treasury diversification as a major bullish signal for Solana's long-term price trajectory.

October 2025, Cryptoniteuae

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