Solana Price Rally Fueled by Corporate Accumulation and Scarcity Story
Solana's price has been gaining attention as it approaches a potential target of $150. One factor contributing to this interest is DeFi Development Corp's expanding treasury holdings, which have increased by 55,491 SOL since August 27.
The company's continued purchases and organic growth have raised its treasury to approximately 2.39 million SOL, with the goal of further supporting Solana's price recovery. A stronger recovery would be a positive sign for investors, who are looking for sustained buying across the wider market.
Meanwhile, AlphaPepe's presale is also generating interest, particularly in Stage 20, which is priced at $0.0299 and has raised over $2.68 million with more than 11,800 holders participating. The scarcity story surrounding AlphaPepe is driven by the fact that each completed stage raises the price, making it more expensive for later buyers to enter.
Buyers considering entering the presale before Stage 20 sells out are also incentivized by a live bonus drop, which adds extra ALPE tokens to qualifying purchases. This added value has attracted over 500 participants who have used the feature so far.