Solana Token Jumps 1.23% Amid Corporate Treasury Allocation
Solana's SOLUSD token surged by 1.23% on September 25, reaching $117.25 as market sentiment remained bullish.
The price increase was driven by a combination of corporate treasury allocation and ecosystem tokenization announcements.
Institutional investors took note of dedicated corporate treasury activity, including equity capital raises aimed at spot SOL accumulation.
Solana's technical protocol milestones also contributed to the market sentiment, with major consensus upgrades like Alpenglow entering public testnet environments.