BlackRock’s BUIDL Hits $1.7 Billion –  How Can This Push Solana’s Price Past $150?

BlackRock has made another big move in digital finance, this time by expanding its token money market fund, the BlackRock USD Institutional Digital Liquidity Fund, also known as BUIDL, to the Solana blockchain. The launch on Solana comes as the market capitalization of BlackRock’s BUIDL has risen to around $1.7 billion, establishing it as a leading tokenized U.S. Treasury product. The fund was launched in partnership with crypto firm Securitize in March 2024. Ever since, the fund has changed the way traditional money markets work by leveraging blockchain tech to improve efficiency and access. 

The CEO of Securitize, Carlos Domingo, has also expressed enthusiasm about this latest development, highlighting Solana’s reputation for speed and cost-effective transactions as key components behind the Solana expansion. The BUIDL fund is now available across seven blockchains, including Ethereum, Aptos, and Arbitrum, allowing users to access a profit-generating portfolio that integrates cash and U.S. Treasuries. The strategic Solana expansion is bound to widen the fund’s reach.

BUIDL Witnesses Amazing Growth, Founders Foster Bullish Expectations

BlackRock’s BUIDL has seen remarkable growth, reaching a market capitalization of $500 million within 7 months of its launch. Since then, it has also seen a 240% increase in its value. As investor interest grows, the companies are expecting BUIDL to cross a $2 billion market cap soon. Unlike traditional money market funds that operate within set times and have slow settlement rates, BUIDL offers 24/7 access and daily dividends, making it a wonderful option for investors seeking better returns on idle cash.

Will BlackRock’s BUIDL Success boost SOL?

As BlackRock continues to expand its footprint in the digital assets landscape, this move also signifies the growing institutional interest around the world. Also, this initiative will also improve Solana’s reputation as a stable platform for institutional-grade finance products and will lead to increased adoption by other major entities as well. As more asset managers explore blockchain solutions, BUIDL’s success will serve as a solid testimony for the Solana blockchain. While we discuss Solana, let us also quickly take a look at how its native token has been performing on the charts. SOL price prediction at the end!

SOL Price Analysis of the Last 24 Hours: SOL Gears Up for Key Resistance Break

SOL was trading at $140 at the start of yesterday, poised for upward growth on the back of a golden cross. However, as the buying trend reached saturation, the SOL price was seen tumbling back as selling pressure gained momentum. The downtrend took SOL to $138.26. Seeing the excessive selling pressure, another golden cross formed, although meager, taking SOL on an ascent. Despite several short corrections, SOL got back to $140 by 9:00 AM UTC. A 9;15, supported by a golden cross, a momentous spike popped up on the charts, taking SOL to $144 within twenty minutes. The RSI reported overbought conditions.

Chart 1: analyzed by raodevansh18, published on TradingView, March 26, 2025

Soon, a downward channel was seen as heavy fluctuations ensued. SOL seemed to consolidate around the $141-$142 mark. But, at 12:55, another golden cross appeared, inciting another skyward spike, taking SOL $147 by 15:00 UTC. As buying pressure fizzled out, the price came down just as quickly, finding stern resistance at $146 for further advances. SOL kept finding temporary supports, but failure to break resistance led the token to abandon support levels and fall. SOL eventually took support at $141.5 and was last seen on a sharp uptrend, looking for a positive development. 

SOL Price Prediction: Can SOL Touch $150 Soon?

SOL has been on a meteoric rise since last week, taking huge strides upwards. Given that, it seems like it’s only a matter of time before SOL will be seen above $150. Even in the last 24 hours, SOL has made quick comebacks from any trend reversals. For now, it looks like SOL will establish a new support and enter a trading range. The breakout from the trading range will be crucial. If SOL breaks out upward, its next target would be $150. A downward breakout could lead to further support drops.