{"id":25409,"date":"2025-05-06T14:46:33","date_gmt":"2025-05-06T14:46:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25409"},"modified":"2025-05-06T14:46:33","modified_gmt":"2025-05-06T14:46:33","slug":"solana-holds-above-142-as-treasury-allocations-surge-and-institutional-interest-grows","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25409","title":{"rendered":"Solana Holds Above $142 as Treasury Allocations Surge and Institutional Interest Grows"},"content":{"rendered":"<div>\n<p>Solana (SOL) is trading 1.03% lower on Tuesday to $142.73, slipping amid light profit-taking but maintaining strong gains from the past month. The token is up 24% in the last 30 days and has attracted growing attention from institutional players <a href=\"https:\/\/www.benzinga.com\/money\/how-to-buy-solana#:~:text=Make%20Your%20Purchase&amp;text=To%20complete%20the%20transaction%2C%20head,you%20would%20like%20to%20purchase.\">looking to secure long-term exposure<\/a>.<\/p>\n<p>Two companies, <strong>Upexi Inc<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/UPXI#NASDAQ\">UPXI<\/a>) and <strong>DeFi Development Corp<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/JNVR#NASDAQ\">JNVR<\/a>), boosted their SOL treasuries.<\/p>\n<p>Upexi announced that it has accumulated about 201,500 SOL tokens for $30 million at an average price of $148.47. The move comes less than two weeks after the company closed a $100 million private placement from leading crypto VCs and influencers. Upexi has more than $60 million remaining in cash, which it says it will deploy to acquire and stake additional SOL.<\/p>\n<p>\u201cOur goal is to acquire and HODL as many SOL as possible,\u201d CEO Allan Marshall said in a statement. The company expects to generate up &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45224704\/solana-holds-above-142-as-treasury-allocations-surge-and-institutional-interest-grows\" alt=\"Solana\" holds above as treasury allocations surge and institutional interest grows>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana (SOL) is trading 1.03% lower on Tuesday to $142.73, slipping amid light profit-taking but maintaining strong gains from the past month. The token is up 24% in the last 30 days and has attracted growing attention from institutional players looking to secure long-term exposure. Two companies, Upexi Inc (NASDAQ:UPXI) and DeFi Development Corp (NASDAQ:JNVR), [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25409","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25409"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25409\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}