Janover’s $10.5M Solana Buy Pushes Holdings Past $21M: Solana Price Set to Skyrocket to $150?

Janover, a real estate financing platform, has significantly increased its Solana investment by adding $10.5 million worth of Solana to its treasury. This latest purchase marks the company’s third acquisition under its newly established digital asset treasury strategy, bringing its total holdings in Solana to $21 million. The decision follows the company’s board approval of this strategy earlier this month and signals Janover’s strong commitment to incorporating cryptocurrency into its investment approach, joining a growing number of public companies adding digital assets to their balance sheets.

Janover Boosts Solana Holdings to $21 Million

This purchase, which added 80,567 tokens to its treasury, brings the total Solana holdings to 163,651.7 tokens, valued at approximately $21.2 million. The move follows the approval of a digital asset treasury plan by Janover’s board on April 4, which focused initially on accumulating Solana.

As of now, the Solana price is trading at $125, showing slight fluctuations, down less than 1% in the past day. Janover’s decision to add more Solana comes as public companies increasingly add cryptocurrencies to their corporate treasuries. Following in the footsteps of firms like MicroStrategy, Janover plans to stake its acquired Solana tokens to earn rewards by participating in the blockchain’s security process.

Janover isn’t stopping at just stacking tokens, they’re planning to run one or more Solana validators too, doubling down on their belief in the growing SOL ecosystem. CEO Joseph Onorati summed it up best, saying, “We’re proud to be the first to introduce a digital asset treasury strategy in the U.S. public markets.” This new initiative positions Janover as a key player in bridging traditional markets with the world of digital assets.

Solana Price Analysis of April 16

Following this Solana news, the trading day of April 15th started with bearish momentum on the 5-minute SOL/USDT chart. The price found initial support at $127.72, driven by an oversold RSI. Shortly after, the MACD line indicator showed a golden cross, initiating an upward trend. This was fueled by overbought situations at 05:20 UTC and 13:45 UTC. The price found resistance at $134.45. However, the momentum shifted when the MACD line indicated a death cross at 16:40 UTC, signaling a downward trend. By 18:20 UTC, the RSI showed another oversold situation, and the price struggled to maintain the support level.

Chart 1, analyzed by ShwetaCW, published on TradingView, April 16, 2025

At 22:20 UTC, a further oversold situation caused the price to break below the support level, continuing the bearish trend. On April 16th, the price maintained a downward trajectory, with the previous support at $127.72 likely now acting as resistance. The price found temporary support at $124.39. The upcoming move will be critical in determining whether the support level holds, possibly leading to a pullback, or if the bearish momentum will cause a further decline. According to Solana price prediction, if the downward trend persists, the price could dip below $120. On the other hand, a reversal could push the price back toward the previous trading range, with a target of $140.

Solana Price Outlook

Janover’s aggressive crypto strategy marks a pivotal moment in recent Solana news, signaling growing institutional confidence in the token. As the Solana price dips to $124, investors are watching closely. If the support fails, a drop toward $120 is likely. However, if market sentiment improves, a rebound to the $140 zone could follow, boosting Solana investment prospects.

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