Sol Strategies Launches Solana Ecosystem Reserve With 52,181 Jito Tokens

Sol Strategies, a Canadian firm, has launched the Solana Ecosystem Reserve by acquiring 52,181 Jito tokens. This move is aimed at backing network infrastructure through MEV and staking rewards. The reserve funds are derived from validator revenue, which protects the SOL treasury while supporting on-chain projects across staking and governance. This initiative underscores the growing institutional interest in Solana, as evidenced by recent filings for a Solana ETF by Invesco and Galaxy, and the launch of micro futures for Solana and XRP by Robinhood. These developments suggest a growing adoption and legitimization of Solana in traditional financial markets.

Solana (SOL) is currently trading at $141.36 USDT, showing a modest intraday gain of 1.65%. However, the asset is consolidating within a broad downtrend, having declined approximately 20.14% over the past month and 27.82% over the last six months. Price action remains below both the 50-day SMA ($154.84) and the 200-day SMA ($168.79), reinforcing a bearish medium-term structure. The near-term trend is technically weak, with SOL fluctuating within the $137–$145 range, a zone marked by prior demand and resistance retests.

Technically, Solana recently completed a breakout above a falling wedge formation, which is a bullish reversal pattern. However, this breakout lacks significant volume confirmation, and the asset continues to struggle to reclaim the $148 level — a key horizontal resistance and Fibonacci 0.382 retracement zone. A decisive break above $148 with volume could shift market sentiment bullish, with upside targets in the $160–$175 range. Failure to reclaim that level may result in continued distribution and a retest of support levels at $134 and potentially $127.80, in line with prior reaction lows and Fibonacci 0.618 support.

On the fundamental side, institutional interest in Solana is gaining traction. Market participants are speculating on a positive demand shock contingent upon a successful ETF approval. Meanwhile, Solana’s ecosystem continues to expand, with Upexi announcing plans to tokenize public shares via the Solana blockchain, further reinforcing the protocol’s utility case. Sol Strategies’ new reserve could potentially ignite an MEV and staking yield frenzy on Solana, as the firm aims to invest in teams that deliver the layers every blockchain needs. Jito, the first asset in the reserve, leads Solana in transaction-ordering services and liquid staking, holding over $2.6 billion in total value locked. This move by Sol Strategies deepens its ties to Jito’s mission and supports network projects without touching its SOL treasury.