Solana arises at January maximum

By Hannah Pérez

Chain data shows that Galaxy Digital has removed Sol from exhanges for estimated value of USD $ 724 million. Both Mike Novograph and Matt Hougan announced this week the start of the “Solana Season.”

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Sol jumps more than 6% to resume maximum price of January.
Chain data show that Galaxy has removed Sol from exhances by USD $ 744 million.
Both Mike Novograph and Matt Hougan announced this week the start of the “Solana Season.”
The List of ETF Solana proposed by Fidelity in DTCC fed the feeling of optimism.

Solarium (Sun) is leading profits in the cryptocurrency market promoted by renewed optimism that combines significant purchases of Galaxy Digitalthe expectation for the launch of an ETF and the bullish comments of prominent figures of the cryptocurrency ecosystem.

Chain data reveal that Galaxy Digitala leading firm in digital asset management, has acquired millions of dollars in Solarium In the last 48 hours. According to data from Arkham Intelligencethe directions associated with Galaxy They have removed approximately 3.1 million exchanges sun tokens such as Binance and Coinbasewith a estimated USD $ 744 million.

These transactions have coincided with an increase in the price of sun, which reached its highest level since January, registering a daily rise greater than 6%, according to data from data from Coingcko at the time of writing of this article.

Evolution of the price of sun in the last 24 hours on September 12, 2025. Source: Coingcko

The “Solana Season” begins

The executive director of Galaxy, Mike Novogratz, reinforced this movement by declaring on Thursday the beginning of a “Solana season“, Projecting an upward impulse for the Altcoin In the coming weeks.

Novogratz highlighted factors such as the growing interest of corporations to incorporate cryptocurrencies as a sun in its treasury strategies and a more favorable regulatory environment in the United States.

Matt Hougan, Investment Director of Bitwiseshared an optimistic perspective similar to the beginning of the week, when he pointed out that “All ingredients are present for an epic end of the year race for Solana“. This scenario of greatest appetite for cryptocurrencies could inject fresh capital into the market, benefiting Altcoins as a sun to capitalize on this narrative.

Backup of corporate treasury

Solarium has gained significant institutional support with the announcement of Forward Industriesa company quoted in Nasdaq, which plans to build a treasury of Solarium valued in billions of dollars.

On Monday, Forward Industries confirmed a private placement of USD $ 1,650 million, led by Galaxy Digital, Jump Crypto and Multicoin capital. Some observers suggest that recent sun withdrawals by Galaxy They could be related to this agreement, which reinforces the institutional interest in the cryptocurrency.

Expectations for a Solana ETF

The enthusiasm for Solarium It is also promoted by the possibility of the approval of the first funds quoted in the Stock Exchange (ETF) in the United States Bag and Securities Commission (SEC).

Thursday, the website of the Depository Trust & Clearing Corporation (DTCC) included three products in the list of the National Securities Compensation Corporation, including ETF of Solarium planned by Fidelity.

Although this inclusion does not guarantee the approval of the SEC –A step that is still pending for an official list–Eric Balchunas, ETF analyst Bloomberghe pointed out in a publication that most tickers entering the DTCC system eventually launched, which suggests a possible imminent launch on Wall Street.

In addition, the DTCC list included the XRP (XRPC) ETFs and Hedera (HBR) proposed by Canary Capital, which has also promoted the price of these tokens.

Sol shoots 6% at maximum of January

Currently, Sol has captured the attention of investors with an 18% increase in their price during the last week, contributing to USD $ 240.4. Its market capitalization amounts to USD $ 130 billion, with a commercial volume of USD $ 11.9 billion, which represents a 31% increase in the last 24 hours, according to Coinmarketcap.

In summary, the combination of institutional purchases, the support of prominent figures, the corporate interest and the expectation of an ETF is promoting Solarium Towards a moment of great relevance in the cryptocurrency market, consolidating it as one of the most prominent altcoins in this upward cycle.

Hannah Estefanía Pérez / Diariobitcoin

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