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Public Company Engages Coinbase for Multi-Million Dollar SOL Acquisition – Wall Street Involved
Sharps Technology, which possesses one of the largest Solana treasuries in the United States, has selected Coinbase as its designated custodian — a decision that indicates a serious long-term commitment and bolsters a bullish Solana price prediction.
As per a recent press announcement, the firm has already secured 2 million SOL, valued at over $440 million, and seems ready to continue expanding its holdings aggressively.
“By leveraging Coinbase’s range of products, STSS can benefit from the institutional-grade infrastructure, substantial liquidity, and competitive pricing necessary to effectively manage a prominent Solana treasury,” stated the company’s head, James Zhang.
Through Coinbase, they will also have the opportunity to stake Solana to generate yield on their investment. Currently, the staking rewards for this token are at 6.8%, suggesting that its treasury could yield up to $30 million annually.
Solana Price Prediction: Ascending Price Channel Supports Optimistic Outlook for SOL
The daily chart indicates that SOL is trading within an ascending price channel, a traditional bullish formation that reinforces the case for a Solana price prediction aiming for $270 in the near term — and potentially reaching new peaks once it surpasses its January all-time high.
The $210 level is notable as a significant demand zone, supported by both prior highs and trend line backing.
If SOL retraces to this level and rebounds with volume, it could initiate a breakout towards $270, followed by a more robust move to $300.
Looking forward, as institutional adoption increases and Wall Street continues to engage with Solana, the long-term target could approach $600 — representing a 172% gain from current values.
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While Solana leads among large-cap cryptocurrencies, the most promising crypto presales may offer even greater returns this cycle.
One of the most notable contenders is SUBBD ($SUBBD), a decentralized content platform currently raising funds during its presale phase.
SUBBD ($SUBBD) Presale Launches the First All-in-One AI Creator Platform
SUBBD ($SUBBD) is transforming the way content is created, managed, and monetized by creators. It serves as a crypto-powered hub where AI tools, fan interaction, and crypto payments coexist seamlessly.
Rather than managing multiple platforms to create, edit, and distribute content, SUBBD enables creators to accomplish everything within a single platform.
The $SUBBD token powers all activities within the ecosystem. Users can benefit from subscription discounts and gain early access to test new features, while creators have a voice in the platform’s roadmap and moderation policies through decentralized voting.
The project has swiftly raised nearly $1.3 million, highlighting the increasing interest from investors.
To purchase $SUBBD at its presale price, you can visit the official SUBBD website and connect a compatible wallet such as Best Wallet.
You can exchange crypto or utilize a bank card to finalize the transaction.
Buy SUBBD Here.
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