Solana Price Holds Above $200 as Solana Company Sets Up $500M Solana Reserve for 5% Supply

Former UBS Investment Banking Asia head Joseph Chee is positioning his firm, Xiayan Capital, for a major entry into the crypto treasury ￰0￱ mid-September, Chee and Pantera Capital acquired Helius (US: HSDT), transforming it into a Digital Asset Treasury (DAT). The company, now rebranded as Solana Company, has secured $500 million in funding to establish the Solana ￰1￱ plans to acquire at least 5% of Solana’s total supply and seek a Hong Kong listing within six months, signaling a strong push for institutional integration in Asia’s growing digital asset ￰2￱ Accumulation Reshapes Solana’s Market Outlook Solana Company’s goal to control a 5% stake in Solana underscores institutional confidence in the network’s long-term ￰3￱ firm’s collaboration with Pantera Capital and the Solana Foundation aims to strengthen liquidity depth and enhance network participation among institutional ￰4￱ large-scale acquisitions tend to tighten circulating supply, increasing scarcity and amplifying bullish reactions during market upswings.

Moreover, the establishment of the Solana Reserve positions the company to act as a key liquidity provider for institutional ￰5￱ view this move as a strategic effort to align Solana’s treasury structure with that of traditional financial ￰6￱ acquisition aligns with Asia’s rising interest in tokenized assets and digital reserves, particularly as Hong Kong advances its regulatory clarity for blockchain ￰7￱ Solana’s Institutional Footprint in Asia Additionally, Solana’s institutional growth extends beyond Xiayan Capital’s move. Nasdaq-listed DeFi Development Corp recently partnered with Superteam Japan to launch Japan’s first Solana Treasury ￰8￱ initiative strengthens Solana’s role in corporate digital asset management across Asia, reflecting the region’s growing adoption of blockchain ￰9￱ to SolanaFloor data, Solana accounted for over 95% of tokenized stock volume in the past ￰10￱ followed with 1.98%, and Ethereum with 1.83%.

These figures highlight Solana’s growing dominance in tokenized asset activity, a sign of expanding use cases beyond decentralized ￰11￱ Outlook and Technical Insights Meanwhile, Solana (SOL) trades at $219.72 after a 0.98% daily decline, with a market capitalization exceeding $120 ￰12￱ analysts noted that the overall trend remains ￰13￱ On-Balance Volume (OBV) continues to rise, showing steady accumulation, though a spike in OBV would confirm stronger momentum.