Solana Accumulation Near $120 as Institutions Pour $7.4B; MUTM Presale Near Sellout
Solana (SOL) is holding above the $120 support level amid recent price weakness, supported by substantial institutional accumulation via a dedicated fund reportedly buying $7.4 billion of exposure. The Solana network generated approximately $1.4 billion in revenue in 2025, cited as evidence of strong platform activity compared with Ethereum’s $522 million. Current SOL trading ranges around $120–$130; some analysts flag technical caution but expect upside toward $140 if trading activity remains high. Separately, presale token Mutuum Finance (MUTM) has raised $19.5 million and reports over 18,580 holders, with phase 6 nearly 99% sold at $0.035 and a planned phase 7 price of $0.040. MUTM claims a 250% gain for early backers and a CertiK security score of 90/100; V1 launch on Sepolia testnet is slated for Q4 2025. The article is a press release and includes a disclaimer advising due diligence. Primary keywords: Solana, SOL, institutional buying, Mutuum Finance, MUTM, presale.
Bullish
The news points to material institutional accumulation in Solana — a $7.4 billion fund exposure claim — combined with strong on-chain revenue (reported $1.4B in 2025). Institutional inflows and rising platform revenue have historically correlated with positive price momentum and improved market sentiment; examples include BTC and ETH rallies following large-scale fund buys or revenue/fees surges. The SOL range ($120–$130) and technical caution suggest near-term volatility, but continued accumulation can drive a breakout toward the cited $140 target. The MUTM presale activity is peripheral but can attract speculative flows into altcoins, increasing overall risk appetite. Short term: likely increased buying pressure and volatility around SOL and altcoins as traders front-run institutional allocations and react to presale FOMO. Long term: sustained institutional demand and higher protocol revenue support a bullish case for SOL fundamentals, though execution risk, macro conditions, and token-specific events could negate gains. Traders should watch institutional flow disclosures, on-chain metrics (fees, active addresses), fund inflows, and presale unlock/vesting schedules for MUTM.