Solana Surges 3.866% as Classover Boosts Holdings 295%

Solana's latest price was $157.39, up 3.866% in the last 24 hours. This surge in price reflects the growing interest and confidence in the Solana ecosystem, driven by several recent developments.

Corporate treasury activity involving Solana intensified with Classover Holdings Inc. significantly expanding its Solana reserves. The educational technology firm increased its holdings of SOL tokens by approximately 295% since mid-June 2025, bringing its total balance to 52,067 SOL tokens. Classover strategically allocated approximately 75% of these holdings with institutional-grade validators, engaging in staking to generate rewards while supporting the security and decentralization of the Solana network. The company's CEO expressed strong conviction in the Solana ecosystem's long-term potential, framing the accumulation as a core component of its treasury strategy aimed at aligning with emerging blockchain technologies.

Partnerships focused on enhancing Solana's utility saw notable progress. Bullish, an operator of regulated cryptocurrency exchanges, announced a collaboration with the Solana Foundation aimed at advancing decentralized on-chain financial infrastructure. While specific technical implementations were not detailed in the provided material, the core emphasis of the partnership revolves around utilizing Solana-native stablecoins to power elements of this infrastructure.

The potential for wider institutional access to Solana progressed as US regulators mandated that issuers resubmit amended applications for spot cryptocurrency exchange-traded funds. This procedural requirement injected a sense of urgency into related processes occurring within the financial sector. Activity around Solana-focused investment vehicles showed increasing market interest, with reports indicating that three such exchange-traded funds listed in the United States accumulated approximately $78 million in inflows over the preceding month.

Adoption extended to businesses integrating Solana for payments and treasury management. Thumzup Media Corporation confirmed the approval and acquisition of several new cryptocurrencies, explicitly including Ethereum and Solana, significantly expanding its holdings beyond solely Bitcoin. This move underscores the growing acceptance of Solana as a viable option for corporate treasury management and payment solutions, further solidifying its position in the cryptocurrency market.