Solana Price Gains Attention as Institutional Treasury Strategy Aligns With Technical Shift

Solana price continues to attract market attention as institutional participation and evolving technical structure converge. Recent developments show that SOL is increasingly being viewed not just as a speculative asset, but as a strategic component in long-term corporate treasury planning. This shift in perception is occurring alongside signs of stabilization and potential directional change in Solana’s price action.

Institutional relevance for Solana price strengthened following the formal collaboration between Mangocueticals and Cube Group to establish a $100 million SOL treasury strategy. Under this agreement, SOL will be treated as a balance-sheet reserve asset rather than a short-term trading position. This distinction is important, as it reflects growing confidence in Solana as a programmable settlement asset suitable for corporate finance applications. Cube Group’s role in execution, custody, and compliance further reinforces the operational credibility of this initiative, while Mangocueticals benefits from treasury diversification and regulatory alignment as a Nasdaq-listed entity. The move reflects a broader trend of institutions adopting scalable blockchain networks for long-horizon capital allocation, increasing the fundamental relevance of Solana price over time.

From a technical perspective, Solana price recently exited a corrective phase that was defined by a falling channel and lower highs. Selling pressure previously capped upside momentum, but downside exhaustion became evident when buyers successfully defended the $117.70 support zone. This defense triggered a recovery that saw SOL reclaim the channel midline and break above descending resistance. Currently trading near $125–$126, Solana price is consolidating around the former resistance at $129.81, now acting as a key structural pivot.

Momentum indicators support a neutral-to-constructive outlook, with the RSI hovering around the 50 level, signaling balance rather than weakness. The formation of higher lows against horizontal resistance suggests improving market structure. If support holds, upside targets at $139.10 and $143.86 remain technically active, with a sustained breakout above $143.86 opening a path toward the $150 resistance zone, a level associated with prior supply and range expansion.

Overall, Solana price reflects a convergence of institutional treasury adoption and improving technical conditions, positioning SOL for potential continuation rather than renewed corrective pressure.