Solana co-founder boldly predicts SOL will hit $1,000! Corporate treasury holdings surpass $4 billion, institutional demand becomes the core driving force.

Kaleo, co-founder of Solana, predicts that the price of SOL could eventually reach $1,000. Behind this bold prediction is strong institutional demand, as the total holdings of enterprises on the Solana blockchain have surpassed the $4 billion mark, holding approximately 17 million SOL, which accounts for about 3% of the total supply. With major players like Forward Industries and Solmate continuously increasing their holdings, along with the classic "cup and handle" pattern appearing on the charts, analysts believe that SOL could break through $500 in the short term and eventually achieve a four-digit valuation.

Co-founder sets bold target: SOL is expected to hit 1,000 USD

In a recent post, Solana co-founder and crypto analyst Kaleo predicted that the SOL price could eventually reach $1,000. He believes that a four-digit SOL price is no longer a "meme," but rather a very likely scenario.

Another analyst expressed a similar view and compared the current chart structure of SOL with the recent price movement of BNB when it reached an all-time high. According to their analysis, the altcoin is forming a classic "cup and handle" pattern, with resistance building around $295. If it breaks decisively, it could pave the way to $500 in the short term; if this trend continues, the valuation could be pushed into four digits. The analyst wrote, "History doesn’t repeat itself, but it often rhymes, and Solana could be next."

Core Driver: Corporate Treasury Holdings Soar to $4 Billion

This optimistic sentiment is largely driven by the rapid adoption of SOL in corporate treasuries. New data shows that the holdings of Solana corporate treasuries have soared to over $4.3 billion. These companies collectively hold about 17 million SOL, which accounts for approximately 3% of its total supply.

Forward Industries has become the largest single participant, holding SOL worth $1.61 billion, exceeding 6.8 million coins. Other companies, including Sharps Technology, DeFi Dev Corp., and the newly established Solmate, have also reported significant holdings of at least $300 million.

It is worth noting that Forward Industries has announced the launch of a new $4 billion financing project to expand its treasury. The plan grants the company the flexibility to issue and sell shares on demand. The funds raised will be used for working capital, revenue-generating assets, and most importantly, to expand its SOL Holdings. Additionally, the ninth-ranked Classover Holdings has also revealed plans to increase its holdings. After reaching an agreement with Solana Growth Ventures LLC, the company announced a $550 million SOL purchase plan.

Continuous Deepening of Institutional Participation

Brera Holdings PLC recently announced its strategic transformation into a SOL-based digital asset treasury and infrastructure company, Solmate. The transaction is led by Pulsar Group and supported by the Solana Foundation. ARK Invest also participated in the transaction as part of its $300 million private investment.

Former Kraken Chief Legal Officer Marco Santori will serve as the CEO of Solmate. He described the project as a long-term bet on the role that SOL plays in the institutional market, decentralized finance, and the NFT space.

In other developments, DeFi Dev Corp. announced that it will expand its "Treasury Accelerator" program. They plan to invest between $5 million and $75 million in digital asset reserve projects globally.

Conclusion

The co-founder of Solana's prediction of SOL reaching a thousand yuan is no longer based on hollow speculation, but driven by its increasing institutional adoption and capital inflow. With over $4 billion in corporate treasury Holdings and deep involvement from mainstream institutions like ARK Invest, it is evident that SOL is transitioning from a retail hotspot to an institutional-grade blockchain asset. This trust from the traditional financial world is the strongest support for SOL's move toward a four-digit valuation and indicates that its future growth potential will far exceed the imagination of many market observers.