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2025-11-14 19:09:39

Solana Price Prediction: Bullish Signal Flashes as Solana-Backed Firm Starts Buying Back Its Own Stock

A major Solana treasury firm has just unveiled a $50 million share buyback, a move that signals strong confidence in a long-term Solana price prediction even as the market faces heavy selling. In a Thursday press release, Upexi, which previously allocated $300 million into Solana, confirmed that its Board of Directors has authorized the repurchase program to be executed at the timing, manner, and price the management team believes is most advantageous. . @UpexiTreasury Announces $50 Million Share Repurchase Program "This share repurchase program underscores our confidence in Upexi’s strategy, balance sheet, and long-term growth trajectory," said Upexi CEO @UpexiAllan Read more here https://t.co/6e8YsQ5DeF — Upexi (@UpexiTreasury) November 13, 2025 “We view the repurchase program as an additional tool to enhance shareholder value and will deploy it only when management believes the repurchase represents an attractive return on capital without compromising our ability to pursue strategic growth or maintain a strong treasury position,” commented the head of the company, Allan Marshall. By reducing the number of shares in circulation, Upexi would effectively increase the amount of SOL tokens that each share represents, which should result in a higher return on investment (ROI) down the road if Solana recovers. Solana Price Prediction: SOL Nears Key Trend Line Support – Can It Bounce Back? In the past 24 hours, SOL has dropped by 10% to $141 per token. Trading volumes surged by 42% to $8.4 billion, as selling pressure seems to be increasing. This creates an opportunity for SOL treasuries to pile in at a 30% discount compared to where SOL traded a few weeks ago. SOL has been dropping in a near vertical move over the past few sessions. The $135 zone now stands out as a major support area, since it lines up with the lower boundary of the current price channel and a previous demand region that sparked a strong rebound back in June. A recovery toward $185 would signal that SOL has likely set a local bottom. History shows that positioning early in leading ecosystems like Solana has rewarded investors many times before. This is where Best Wallet Token ($BEST) enters the conversation, offering one of the strongest presale narratives of the year. One of the token’s biggest advantages is its built-in access to early-stage crypto projects , giving holders the chance to enter high-potential launches before the wider market. Best Wallet Token ($BEST) Offers Early Access to Presales and Low Swap Fees Best Wallet Token ($BEST) turns a simple crypto wallet into a full ecosystem built to reward holders. Instead of just storing tokens, $BEST investors will enjoy faster transactions, lower fees, and early access to the latest crypto presales before they go mainstream. The wallet already supports 60+ chains and connects to hundreds of DEXs. Meanwhile, $BEST adds an extra layer of utility. In addition, holders get access to upcoming features like the Best Card, a crypto-friendly debit card designed to make spending BTC, ETH, and other major coins feel as easy as using cash. To buy the token, simply head to the official Best Wallet Token website and connect a compatible wallet (or simply download the Best Wallet app itself). You can swap existing crypto or use a bank card to complete the transaction in seconds. Buy $BEST Here. The post Solana Price Prediction: Bullish Signal Flashes as Solana-Backed Firm Starts Buying Back Its Own Stock appeared first on Cryptonews .

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