Solana Price Prediction: September Outlook Brightens as Galaxy Digital Fuels Another Rally

Solana (SOL) continues to command market attention after Galaxy Digital purchased $300 million worth of SOL in 13 transactions across Binance, Coinbase, and ￰0￱ digital assets investment firm has now acquired over 6.5 million SOL in the past five days, worth approximately $1.57 billion, according to on-chain ￰1￱ purchases come as part of a broader Solana-focused strategy. Galaxy, alongside Jump Crypto and Multicoin Capital, recently led a $1.65 billion private placement for Forward ￰2￱ move places Forward Industries as a key institutional actor in the ecosystem, with Galaxy moving large batches of SOL into custody wallets on Fireblocks, signaling long-term holding intent.

Novogratz: “Season of Solana” Begins Galaxy Digital CEO Mike Novogratz has described the current market phase as the “season of Solana.” He emphasized that faster and cheaper blockchains like Solana are now primed for Wall Street adoption, especially as ￰3￱ hint at modernizing crypto ￰4￱ Chair Paul Atkins recently noted that most crypto tokens may fall outside securities law, a stance Novogratz called a “radical departure” from past ￰5￱ believes this clarity will accelerate institutional adoption, especially for networks like Solana, which offer high throughput and sub-cent transaction costs without relying on Layer 2 scaling ￰6￱ Eye $300 as Next Solana Target With SOL trading around $233.15, the token has climbed 12% in the past week and over 23% in the past ￰7￱ suggest that a breakout above $253 could pave the way toward $272–$300, levels last seen in late ￰8￱ Hougan , CIO at Bitwise, noted that spot Solana ETFs awaiting SEC approval could unleash further inflows by ￰9￱ compared the momentum to Bitcoin’s treasury-driven rallies, saying Solana’s unique blend of speed, scalability, and institutional interest could amplify its price ￰10￱ now, Solana sits just 16% below its all-time high, with bullish technical indicators supporting the case for another leg ￰11￱ Galaxy’s buying spree continues and regulatory clarity arrives, September could introduce another Solana ￰12￱ image from ChatGPT, SOLUSD chart from Tradingview