<div id="readability-page-1">SOL's current market distress level was close to rivaling FTX-implosion era source: https://ambcrypto.com/upexi-seeks-1b-raise-to-scale-solana-dat-strategy-details/</div>

UPXI

<p>Upexi seeks SEC approval to raise $1 billion to scale its Solana digital asset treasury strategy. Despite Solana's price correction, Upexi plans to increase its SOL holdings, viewing current prices as a discounted opportunity. SOL ETF demand has surged, but bearish sentiment limits recovery. Key price levels for SOL are $120-$130, with potential upside targets at $135-$137 and downside support at $100.</p>

Upexi seeks $1B raise to scale Solana DAT strategy – Details