Mangocueticals collaborated with Cube Group to create a treasury program of 100 million SOL. It is important to note that the agreement will classify SOL as a balance sheet reserve asset and not as a tactical exposure.
This coalition is a conscious strategy for the distribution of native blockchain treasury. Meanwhile, Cube Group provides an execution, custody, and compliance architecture, reinforcing operational discipline.
In particular, Mangocueticals improves the diversification of treasury and maintains regulatory alignment as a company listed on Nasdaq. This action is part of a broader trend towards programmable settlement assets in corporate finance. The importance of the price of SOL increases when structured capital incorporates scalable blockchain networks.
Moreover, collaboration strengthens Solana's position against high-performance financial strategies. The price remains consistent with long-term capital planning in opposition to short-term positioning as institutional frameworks become more mature.
The price of Solana has just emerged from a corrective period within a descending channel. The structure imposed lower highs, which hindered bullish efforts. The bounces were controlled by sellers, as liquidity gravitated towards the base of the channel.
However, the bullish breakout was not decisive. Buyers managed to defend the $117.70 zone and provoke a sharp turn. This reaction was the first indication of downward exhaustion.
After the recovery, the price of Solana regained the midline of the channel and surpassed the descending resistance. This change altered the short-term control dynamics. The market value of SOL is at $126, indicating that it has been accepted above recent reaction lows.
At the time of writing the report, the market valuation of SOL is trading around the former resistance of $129.81, which is currently a structural pivot.
The RSI is at 50.07, indicating balance rather than weakness. This reading favors stabilization, rather than excess. Meanwhile, the price structure forms higher lows against the horizontal resistance. This arrangement strengthens the long-term price prediction schemes for SOL.
The bullish levels of $139.10 and $143.86 are technically active if support holds. A long-term breakout of the price above $143.86 will provide a direct route to the $150 zone, characterized by the previous concentration of supply and the expansion of the price range.
