Pantera Capital has announced plans to convert a publicly traded company into a Solana-dedicated treasury vehicle via a Special Purpose Partnership (SPP) – a move that’s fueling a fresh wave of bullish Solana price predictions.
Investors are already reacting, with SOL up over 7% since the August 26 announcement, driven by renewed risk appetite as markets position for upcoming U.S. interest rate cuts.
Speculations anticipate up to four rate cuts before year-end, starting as soon as September, with the potential to stimulate new demand for risk assets like cryptocurrencies.
Pantera Plans to Form “Solana Co.”
Pantera Capital unveiled plans to acquire a Nasdaq-listed company, rename it “Solana Co,” and use the $1.25 billion raised to accumulate SOL on August 26.
The crypto asset manager argues that digital asset treasuries (DATs) offer advantages over direct token ownership or ETFs, creating more underlying token ownership with yield to grow net asset value per share.
This creates a compelling alternative for TradFi investors to gain exposure to Solana, especially as spot SOL ETFs still await SEC approval.
Solana co-founder Raj Gokal shared his thoughts on social media, saying that Solana Digital Asset Treasuries will be “monstrous”
Much like MicroStrategy’s (MSTR) corporate treasury strategy helped legitimize Bitcoin, Pantera’s move could establish a new touch point for massive institutional interest in Solana through DATs.
Solana Price Analysis: Is This the Start of a 10x Move
A publicly traded Solana treasury vehicle could bring the fuel it needs to break out of an ascending triangle that has been forming since the mid-April market bottom.
SOL / USDT 1-day chart, ascending triangle pattern nears breakout. Source: TradingView, Binance.Momentum indicators create a bullish setup for a rally. The RSI has rebounded from the neutral line, affirming its position in bullish territory as buyers drive the current move.
The MACD line also continues to widen above the signal line, underscoring a mid-term uptrend with staying power.
The key breakout threshold sits around $210, the resistance level that has capped upside since February.
A decisive flip of this barrier would open the door for Solana to retest its $300 all-time high and push into new price discovery, with the triangle targeting $450, a potential 113% gain.
Beyond the near-term setup, Solana’s longer-term path could be shaped by structural demand drivers.
With multiple rate cuts expected before year-end, coupled with new TradFi gateways like 401(k) inclusion, Pantera’s Solana Co. treasury, and a potential spot ETF, the case for a 10x run to $2,000 gains credibility as the bull market matures.
The Solana Ecosystem Holds Bigger Opportunities – Here’s How to Find Them
The altcoin market is pumping right now, and those who back the wrong horse are missing out on substantial gains as fresh retail liquidity floods in.
While Solana gears up for the later stages of the bull market, low-cap meme coins in its ecosystem are already exploding, with the biggest moves still ahead as rate cuts approach.
That’s where Wall Street Pepe ($WEPE) steps in, fresh off its expansion onto the Solana blockchain.
Now running a dual-chain economy across Ethereum and Solana, its arrival in the meme coin capital makes its token-gated trading alpha, private insider groups more powerful than ever.
The move also lays the foundation for an ecosystem that can scale, paving the way for NFT integrations—including the August 22 Wall Street Pepe 5,000 collection—as well as new token-gated apps and community tools.
At its current $13.6 million market cap, there is substantial room for growth.
Join the WEPE army on X and Telegram to stay informed.
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