Market Cap
24h Vol
10071
Cryptocurrencies
58.26%
Bitcoin Share

SOL Eyes $1,000 as Solana Positions Itself as Bitcoin’s Infrastructure

SOL Eyes $1,000 as Solana Positions Itself as Bitcoin’s Infrastructure


Coinpaper
2025-10-01 20:19:18

Solana is increasingly positioning itself as more than a cryptocurrency it aims to become the infrastructure for global financial access. The Solana Foundation, led by President Lily Liu, has emphasized creating a financial network that serves everyone, not just the privileged few. Liu highlighted that while Bitcoin functions as a scarce digital asset, Solana provides the underlying rails for money to move freely across borders. With more than 5.5 billion people online yet excluded from modern capital markets, Solana seeks to bridge this gap through permissionless blockchain infrastructure. Tokenization and Real-World Asset Integration The foundation is also actively pursuing the tokenization of real-world assets, a trend Liu believes will redefine capital markets. Partnerships, such as Galaxy’s collaboration with Superstate, enable native equity issuance, allowing trading of major stocks like Apple and Tesla directly on blockchain networks. Liu insists that true innovation comes not from simply wrapping traditional assets in blockchain layers but from creating genuine access and transparency. By enabling programmable assets, Solana envisions a global ecosystem where financial instruments can be exchanged, collateralized, and restructured efficiently. This approach could expand financial participation across both geographic and economic boundaries, making the blockchain truly inclusive. Bullish Momentum in Solana Price Solana’s price performance reinforces its growing relevance. According to curb.sol, Solana recently posted its highest quarterly close ever at approximately $208, indicating strong institutional and retail demand. Analysts now consider the $200–$208 range a critical support zone. If SOL maintains this level, it could retest $260 and eventually approach the psychological $300 mark. Momentum remains robust, and long-term projections hint at a trajectory toward $1,000, fueled by increased ecosystem adoption and heightened on-chain activity. Technical Indicators Signal Short-Term Upside Lark Davis highlights that Solana is testing its 20-day EMA at $216.39. A decisive daily close above $218 could unlock further upward momentum, while the MACD approaches a potential bullish crossover. The RSI, hovering just below 60, suggests momentum may soon break out. Source: X Traders should watch the 50-day EMA at $209.24 , as sustaining above this level is crucial for continued recovery. If SOL reclaims the 20-day EMA with volume, short-term targets of $230–$240 could come into play, though rejection might push price back toward $200 support.


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.