The post Solana Faces Bold $460 Target As Galaxy Digital Drives Heavy Buying appeared on BitcoinEthereumNews.com.

Solana’s token moved into the spotlight this week as reports tied renewed upward pressure to heavy buys by major players. Traders and on-chain watchers noticed large transfers off exchanges and a rise in holding activity. That flow has pushed Solana into a fresh bout of attention from investors who watch big-wallet moves. Galaxy Digital Buying Spree According to reports, Galaxy Digital has been one of the most active buyers, taking on more than $1 billion in SOL in recent days. Transfers out of exchange addresses and into private wallets were flagged by researchers. Reports have disclosed that this type of accumulation often removes supply from the market, at least temporarily, and can leave prices more sensitive to new demand. Galaxy Digital bought $1.35 Billion in $SOL this week. That’s 5.82 million $SOL accumulated in just 7 days, the largest institutional Solana purchases this year. But they didn’t buy the cycle top. They’re front-running something deeper. Solana’s onchain activity is gradually… pic.twitter.com/vzKcDxk5JE — Ash Crypto (@Ashcryptoreal) September 14, 2025 Technical Support Holds Near Key Levels Traders pointed to a cluster of support around $220–$230. That zone matters because it was a barrier that, once cleared, turned into a floor for buyers to defend. Short squeezes were also observed, where traders betting against SOL were pushed to close positions. Volume spiked on some of the upward moves, which made runs sharper, and that can speed up both gains and corrections. Galaxy Digital just bought $240.58 million in $SOL in 5 hours. Institutional accumulation is real#SOL pic.twitter.com/wG1r8qEzTg — Money Guru Digital (@Moneygurudigi) September 14, 2025 Bullish Forecasts Vary Widely Based on reports from market commentary, the range of price forecasts now stretches far. Some analysts put nearer-term targets at $250 or $300 if buying continues and technicals hold. More optimistic scenarios, often framed…

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Filed under: News - @ September 16, 2025 2:26 am