SOL Rebounds Toward $145 as 7 ETFs Advance and DeFi Dev Corp Eyes More SOL Purchases

From Yahoo Finance: 2025-06-14 13:42:00

Solana (SOL) traded at $144.14 on June 14, down 2.06% in the past 24 hours, amid a broader crypto market correction linked to geopolitical tension. Despite this, institutional support kept SOL in the $145–$149 consolidation range.

Institutional interest in Solana is growing, with major ETF issuers like Fidelity and Grayscale updating filings to include staking provisions, aligning with Solana’s on-chain economics. DeFi Development Corp also secured a $5 billion equity line of credit for SOL accumulation.

Despite a regulatory setback, DeFi Development Corp remains committed to growing its SOL treasury, which currently holds over 609,190 tokens valued at $97 million. This strategic capital structure aims to scale exposure and compound validator yield.

SOL’s price is stabilizing, supported by institutional tailwinds, despite subdued retail activity. Technical analysis shows SOL trading in a range of $144.13 to $148.70, with resistance near $149 and support at $144. High-volume selling and whale accumulation below $146 are noted.



Read more at Yahoo Finance: SOL Rebounds Toward $145 as 7 ETFs Advance and DeFi Dev Corp Eyes More SOL Purchases