Institutional conviction in Solana is building from an unexpected direction and bumping its price prediction. Japanese gaming company WIZE, formerly Mobcast Holdings, has disclosed cumulative SOL purchases reaching approximately $3.13 million.
This is a move that adds a fresh corporate buyer narrative to an asset already trading under significant technical scrutiny. SOL currently hovers in the $85 range, well off its all-time high near $300.
Don’t mind the Japanese announcement. It translated that WIZE now holds over 24,597 SOL at an average purchase price of roughly $127 per token, ranking the firm 15th globally on CoinGecko’s Solana Treasury Holdings list.
The company’s WIZE Validator Node has formally joined the Solana Foundation’s SFDP program and collected delegations from projects, including DoubleZero, generating more than 400 SOL in staking rewards over the past six months alone. Including external delegations, total treasury exposure reaches approximately 152,000 SOL. WIZE has publicly stated its intention to crack the global top 10.
The announcement lands as Japan accelerates its reclassification of crypto assets, creating a regulatory backdrop that makes corporate SOL accumulation easier to justify on balance sheets.
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Solana Price Prediction: Break Above $250 Resistance Driven by Corporate Accumulation?
SOL’s technical structure tells a complicated story. The 14-day RSI sits at a neutral 44, suggesting neither overbought momentum nor capitulation. The 50-day SMA of $86.58 and 200-day SMA of $125.59 both sit well above the current price, yet the asset has failed to convincingly reclaim territory.
Key support is established at $75-$77, where buyer activity has historically clustered. A breakdown below that level would constitute a structural warning. Some analysts have flagged the risk of a 52% drawdown if consolidation resolves to the downside.
WIZE’s average entry at $127 provides an interesting benchmark; the company is currently in a loss, and its stated ambition to reach the global top 10 implies continued buying pressure at or above current levels.
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LiquidChain Targets Early Mover Upside as Solana Tests Key Levels
Investors who bought SOL at the January 2025 ATH are still nursing losses, and the $300(ATH) ceiling means meaningful upside from here requires a fresh narrative catalyst, not just corporate accumulation at the margin.
That gap between current price and prior highs is exactly where early-stage infrastructure plays become interesting. LiquidChain ($LIQUID) is a Layer 3 infrastructure project positioning itself as the cross-chain liquidity layer by fusing Bitcoin, Ethereum, and Solana liquidity into a single execution environment.
The architecture is built around a Unified Liquidity Layer, Single-Step Execution, and a Deploy-Once model that lets developers access all three ecosystems without redeployment overhead.
The presale is currently priced at $LIQUID at $0.01449, with $650K raised to date. The project contract is audited by Certik, a benchmark in crypto audit, to make sure its safety. It also offers 1600% staking APY for early buyers, and the bombastic number is likely to drop soon.
Research LiquidChain before the next price increase.