Solana Price Prediction: Public Company Taps Coinbase to Buy Millions in SOL – Wall Street is Here

Sharps Technology, which holds one of the largest Solana treasuries in the U. S., has chosen Coinbase as its official custodian — a move that signals serious long-term intent and supports a bullish Solana price ￰0￱ to a recent press release, the company has already acquired 2 million SOL , valued at over $440 million , and appears poised to continue adding aggressively to its position. “By utilizing Coinbase’s suite of products, STSS can enjoy the institutional-grade infrastructure, deep liquidity, and competitive pricing required to effectively manage a leading Solana treasury,” commented the head of the company, James ￰1￱ Coinbase, they will also be able to stake Solana to earn yield on their ￰2￱ of today, the staking rewards for this token sit at 6.8%, meaning that its treasury could produce up to $30 million per ￰3￱ Price Prediction: Ascending Price Channel Favors Bullish Outlook for SOL The daily chart shows SOL is trading within an ascending price channel, a classic bullish setup that supports the case for a Solana price prediction targeting $270 in the short term — and potentially new highs once it breaks above its January all-time ￰4￱ $210 level stands out as a key demand zone, backed by both previous highs and trend line ￰5￱ SOL pulls back to this area and bounces with volume, it could trigger a breakout toward $270 , followed by a stronger move to $300.

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