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Fitell Invests $1.5M in 216M PUMP Tokens to Strengthen Solana Stake

TLDR Fitell invested $1. 5 million in 216. 8 million PUMP tokens to strengthen its Solana strategy. The purchase was executed swiftly just one month after securing a $100 million Solana financing facility. PUMP tokens are central to the Pump. fun platform, a major player in Solanas memecoin ecosystem. Fitell aims to become one of the largest publicly [.] The post Fitell Invests $1. 5M in 216M PUMP Tokens to Strengthen Solana Stake appeared first on Blockonomi.

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Edelteq launches Halovision JV, secures strategic investment from Kumpulan Modal Perdana

KMP to invest up to US$672,000 in Halovision The investment will advance the Raptor and i-Falke series & provide working capital support Edelteq Holdings Berhad has announced the establishment of Halovision System Sdn. Bhd., a joint venture with Halo Technologies Sdn. Bhd., to develop and commercialise advanced Automated Optical Inspection (AOI) systems for the global semiconductor industry. As part of this milestone, Kumpulan Modal Perdana Sdn. Bhd. (KMP)a tech-focused venture capital firm wholly owned by the Minister of Finance and operating under the purview of the Ministry of Science, Technology and Innovation will invest up to US$672,000 (RM3. 2 million) in Halovision. The funds will accelerate the development of the Raptor series for substrate panel inspection and the i-Falke series for wafer-level inspection, as well as supporting working capital requirements. This partnership is a strong vote of confidence in Halovisions technology and vision. With KMPs strategic backing, we aim to accelerate product development and position Malaysia as a key contributor to the next wave of semiconductor innovation, said Chin Yong Keong, Group CEO of Edelteq Holdings Berhad. Lee Hui-Ni, Chief Investment Officer of KMP, added: We are proud to support Halovision in its journey here in Malaysia as it advances towards delivering world-class semiconductor inspection solutions. This investment underscores our deep commitment to nurturing home-grown innovation and strengthening Malaysias position in the global electronics and semiconductor value chain. Meanwhile, John Moon, CEO of Halovision System Sdn. Bhd., said: At Halovision, our mission is to push the boundaries of inspection technology to meet the evolving demands of the semiconductor industry. With the combined strengths of Edelteq, HTSB and KMP, we are confident of bringing cutting-edge solutions such as the Raptor and i-Falke series to market and establishing Halovision as a trusted technology partner globally. The creation of Halovision, together with KMPs investment, underlines Edelteqs commitment to advancing semiconductor equipment capabilities and deepening Malaysias footprint in the global high-tech ecosystem. Beyond capital deployment, the investment represents a strategic collaboration between a government-owned venture capital fund and a publicly listed company to support a pioneering Malaysian semiconductor start-up. The partnership is positioned to accelerate industry advancement in line with Malaysias National Semiconductor Strategy by cultivating local talent and technological capability, upgrading the value chain, and strengthening Malaysias role as a pivotal enabler in the global semiconductor ecosystem.

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Solana May Face Near-Term Pullback on Rising Wedge as ETF Odds and Institutional Demand Could Support Further Gains

The post Solana May Face Near-Term Pullback com. Solana price has rallied over 150% in 2025 but faces short-term risk from a rising wedge on the daily chart; however, high ETF approval odds and sustained institutional accumulation support a longer-term bullish outlook for SOL. Solana price up 150% in 2025; rising wedge signals near-term reversal risk. Spot Solana ETF approval odds above 90%, which could boost U. S. demand for SOL. Institutions hold multi-billion-dollar SOL positions; Alpenglow upgrade and technical metrics are key near-term drivers. Solana price rally analysis, rising wedge risk and ETF outlook. Solana price insights and trade guidance read the full technical and fundamental breakdown. Solanas price rally faces a critical technical challenge with a rising wedge, but strong fundamentals may push it higher. ‘, ‘ Advanced Trading Tools Await You! Maximize your potential. Join now and start trading! ‘, ‘ Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document. getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage. getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math. floor(Math. random * adscodesBitget. length) : sessperindex; adplace. innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget. length 1 ? 0 : adsindex + 1; sessionStorage. setItem(“adsindexBitget”, sessperindex); } }); What is driving Solanas price rally and is the trend sustainable? Solana price has surged over 150% year-to-date, driven by ETF optimism, institutional accumulation, and upcoming protocol upgrades. The rally is structurally supported by demand but faces a short-term technical threat from a rising wedge pattern that could trigger a pullback toward the $200 support zone. How does the rising wedge pattern affect Solana price? The rising wedge on the daily chart forms as two converging upward trendlines, often signaling a potential reversal when momentum weakens. RSI is compressing into a symmetrical triangle and MACD lines have crossed downward, increasing the probability.