Pantera Capital Holds $1.1 Billion in Solana, Predicts Further Price Rally

Pantera Capital's Major Solana Investment

Dan Morehead, founder of Pantera Capital, revealed a $1.1 billion investment in Solana ([SOL](https://holder.io/coins/sol/)), making it the firm's largest crypto holding.
Morehead describes Solana as the fastest and best-performing blockchain, surpassing [Bitcoin](https://holder.io/coins/btc/) over the last four years.
He forecasts [Bitcoin](https://holder.io/coins/btc/) could reach $750,000 within the next 4-5 years, stating its global wealth share is still single-digit.

Forward Industries initiated a $1.65 billion plan to acquire more than 6.8 million SOL coins, highlighting growing institutional interest in Solana.
Pantera Capital co-leads a $500 million investment with Helius to establish a Solana treasury vehicle, emphasizing Solana's potential as a foundational blockchain for new financial systems.

SOL has seen a 22% increase over the past month, with analysts predicting a potential breakout due to an ascending triangle pattern on weekly charts.
A confirmed weekly close above $250 could trigger a "SOL bull run," with a long-term price target of $1,250.