Top Investor Forecasts Major Rally for Solana as AUM Climbs to Record $4.1B

A top investor predicts a major Solana rally as institutional inflows push its assets under management to a record $4.1B.
By Michael Adeleke
Solana’s AUM surges to $4.1B amid record inflows, with a leading investor forecasting a powerful rally ahead.

Highlights

  • Top investor Ted Pillows projects bold $1,000 Solana price target, citing massive institutional momentum.
  • Solana ETFs and ETPs record $145M daily inflows and 14 straight weeks of growth, pushing AUM to $4.1B ATH.
  • At least 17 companies hold 17.1M SOL ($4B) in treasuries, signaling institutional adoption.

A top crypto investor has set a bold price target for Solana thanks to growing institutional momentum. This traction has pushed SOL’s assets under management (AUM) to new heights.

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Investor Makes Bullish Projections as AUM Hits ATH

Crypto investor Ted Pillows drew attention this week to what he described as “massive on-chain activity.” He pointed to more than $1.5 billion worth of SOL purchased in just a few days. He also suggested a potential rally that could propel Solana toward $1,000 in the current market cycle.

This came after Forward Industries announced it had acquired 6.82 million SOL at an average cost of $232 per token. This amounted to nearly $1.6 billion. The move positions it as the single largest holder of the token among publicly declared treasury entities.

The high institutional capital led to new milestones for Solana-linked investment products. On Friday, the token’s ETFs and ETPs registered $145 million in daily inflows, the highest on record. Over the week, these flows reached $198 million, marking the 14th straight week of growth.

As a result, total assets under management tied to the products have surged to $4.1 billion. This shows its rising prominence among digital assets. Analysts say the streak of inflows signals deepening confidence from traditional investors and may serve as a base for long-term growth.

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Solana Treasury Holdings Exceed $4B

According to data from Strategic SOL Reserve, at least 17 companies now hold a combined 17.1 million SOL in treasury reserves. This is valued at just over $4 billion. Together, these positions account for almost 3% of the total circulating supply.

Forward Industries leads with $1.6 billion worth of holdings, followed by Sharps Technology ($503 million). Notably, Defi Dev Corp recently boosted its holdings, acquiring 196,141 SOL at an average price of $202.76 per token.  This put the firm in third place, holding about $476 million worth of the altcoin.

Upexi Inc. and Galaxy Digital completed the top 5 list at $470 million and $317 million, respectively. 

Other firms are expanding their Solana exposure indirectly. SOL Strategies began trading on Nasdaq earlier this month to generate funding aimed at building additional reserves.

Adding to Ted Pillow’s bullish sentiment, crypto analyst Ali Martinez noted that Solana has broken out of an ascending triangle formation. He went on to forecast $360 as the medium-term price target. This number indicates growing confidence in the token’s upward trajectory, even though it is far from the lofty $1,000 level floated by Pillows.

Source: X

These bullish fundamentals have positioned Solana for growth, with indicators now pointing at a sustained rally towards new highs..

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Michael Adeleke
Michael Adeleke is a passionate crypto journalist known for breaking down complex blockchain concepts and market trends into clear, engaging narratives. He specializes in delivering timely news and sharp market analysis that keeps crypto enthusiasts informed and ahead of the curve. With an engineering background and a degree from the University of Ibadan, Michael brings analytical depth and precision to every piece he writes.
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