Upexi has been listed on the Nasdaq. announced The company has purchased an additional 56,000 Solanas (SOL), which is worth approximately $7.8 millions at current rates. Currently, the company owns 735.692 SOL which are worth approximately $103.44 million. Upexi holds the most SOL. This firm wants to own as much SOL treasure as it can.
Solana continues to glow red despite interest
SOL’s year has been a tough one. SOL’s asset reached a high of $293.31 in January of this year but it has dropped by over 52%. SOL’s current rating is down The daily chart rose by 3,4%, the weekly chart rose 4.5%, the 14 day chart rose 3.1%, and the monthly charts rose 19.3%. SOL’s yearly chart has shown some improvement despite the poor performance of 2025. It is up 3.6% in comparison to June 2024.
Solana’s (SOL), current situation could be the result of increased volatility on the crypto market. We seem to be at a new barrier, despite the fact that the market had a modest rebound following the end of the Middle East Conflict. Bitcoin (BTC), however, seems to have settled at $107,000.
BTC’s rise is probably due to institutional money flowing in consistently. Crypto markets may struggle due to a lack of retail funds. Retail investors still lack confidence. Retail investors may also have been discouraged from making risky investments because of the Federal Reserve’s decision not to change interest rates.
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Solana’s (SOL), could be on the rise in coming weeks. SEC has received a handful of applications for the asset. The approval of an ETF could result in a surge in institutional capital. Due to the absence of retail investors in the SOL market, an increase in institutional inflows may be the catalyst for the next rally.
SOL may also experience a surge if investors gain confidence. It would have been easy to boost retail confidence with a rate reduction. It seems that this option is out for now.
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Source: watcher.guru
