Solana Price at $139 Outperforms Major Altcoins: Why Investors Are Quietly Accumulating SOL

Arslan Butt
2025-04-20 04:09:00
cryptonews.com

Solana (SOL) is trading at $139 and quietly outperforming major altcoins, driven by fresh institutional demand and strategic long-term accumulation. Leading the charge is Janover Inc.—now DeFi Development Corporation—which just added $5 million worth of SOL to its treasury. The purchase of 44,158 tokens brings its total to 83,084 SOL, currently valued at $9.6 million.

This marks Janover’s second major Solana buy, reflecting a 109% jump in SOL-per-share value to $6.59. The aggressive accumulation follows an April leadership shake-up, where ex-Kraken executives took over, raised $42 million, and pivoted the firm toward Solana staking and DeFi infrastructure.

Janover’s Institutional Bet on Solana: At a Glance

• Total Holdings: 83,084 SOL (~$9.6M)
• SOL per Share: 0.06 SOL → $6.59 value
• Growth: 109% jump in per-share crypto value

Staking Expansion and Whale Moves Add Fuel

Janover isn’t alone in its conviction. SOL Strategies Inc. (CSE: HODL), a Canada-based crypto investment firm, is also betting big on Solana. In March, it added 24,000 SOL to its treasury—now totaling 267,151 SOL, worth over $30 million.

What makes this especially notable is that most of these tokens are actively delegated to validator nodes. That means they’re not just holding—they’re building, with long-term exposure to Solana’s proof-of-stake economy.

Despite the solid fundamentals, SOL Strategies’ stock has lagged behind, dropping 67% year-to-date—a stark contrast to SOL’s 36% slide. Still, CEO Leah Wald isn’t blinking. She’s confirmed plans to grow staking operations into other chains like SUI, Monad, and Archway.

And it’s not just institutions getting in.

On-chain data shows whales are returning, too. One long-dormant wallet scooped up 32,000 SOL (about $3.72 million) just before Janover’s announcement. This same address famously bought 30,541 SOL at $216 during the last cycle—and never sold, even when prices dropped below $10.

Accumulation Snapshot

• SOL Strategies Holdings: 267,151 SOL
• Whale Activity: 32,000 SOL bought at $3.72M
• Previous Buy: 30,541 SOL at $216 (held through 2022 crash)

Solana Technical Setup: $145 Breakout Could Unleash Bulls

From a technical angle, Solana is still in bullish territory. After briefly testing resistance at $145, price has pulled back slightly to $139, but key support at $136–$131 remains intact. The 50-day EMA around $131 adds confluence to this zone.

Momentum indicators are still on the bulls’ side. The MACD is trending higher, suggesting buyers are maintaining control. If SOL can punch through $145 with conviction, next upside targets sit at $153 and $161.

Trade Setup:

• Entry: Bounce from $136 or breakout above $145
• Targets: $153, $161
• Stop Loss: Below $131 (EMA + trendline confluence)

Final Take: Institutions Are Betting on Solana’s Comeback

Between institutional stacking, whale activity, and a solid technical setup, Solana is quietly preparing for its next big move. While the headlines focus elsewhere, smart money is clearly circling—and for patient investors, this stealth rally may just be the beginning.

BTC Bull Token Presale Tops $4.8M

As Bitcoin edges closer to the $85,000 mark and macro uncertainty intensifies, BTC Bull Token ($BTCBULL) continues to gain traction with retail and crypto-savvy investors. This Ethereum-based meme coin stands out by offering real Bitcoin airdrops every time BTC hits key price milestones—aligning directly with Bitcoin’s long-term upside.

Earn Bitcoin with 86% APY Through Staking

Beyond the airdrop rewards, BTC Bull’s staking program remains a major draw. Investors can earn up to 86% APY in passive income, while also contributing to the token’s network strength. The ability to unstake anytime makes it flexible for new and seasoned holders alike.

Staking Snapshot:

• Annual Yield: 86% APY
• Total Staked: 1,222,531,969 BTCBULL
• Unstake Anytime: Yes

With over 1.22 billion tokens already staked, momentum continues to build ahead of the next price milestone.

Presale Nears Final Stretch as Demand Surges

The presale is now approaching full subscription, with $4,801,979.55 raised out of the $5,550,445 target. The current token price remains at $0.002465, but with limited supply left and rising demand, a price hike could be imminent.

Latest Presale Stats:

• Token Price: $0.00247
• Raised So Far: $4.80M of $5.55M

This window may be one of the last chances to secure BTCBULL before the next pricing tier kicks in. With its high-yield staking, real BTC rewards, and growing ecosystem engagement, BTC Bull is emerging as a top contender in the meme coin space—backed by actual Bitcoin utility.

With limited time remaining and demand accelerating, this is a key window to secure BTCBULL at presale rates before the next price jump.

The post Solana Price at $139 Outperforms Major Altcoins: Why Investors Are Quietly Accumulating SOL appeared first on Cryptonews.

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