Big Players Reload on Solana: 4-Month Highs in Sight as Institutional Investors Return

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Volume Shows Big Players Are Reloading On Solana As They Push For 4-Month Highs

Solana is attracting attention from larger investors once more, who are now expressing a positive outlook on SOL. This comes after significant amounts of money have flowed into Solana ETFs at the beginning of this month, driving the cryptocurrency to its highest price in four months.

Solana Sees Fresh Inflows From Institutional Investors

Solana ETFs have attracted a total of $90 million in new investments so far this month, exceeding the inflows seen in the previous three months combined. On May 11th alone, these funds received $26 million, marking the largest single-day inflow since February 25th, according to data from SoSoValue.

Solana ETFs now hold $1.02 billion in assets, which is close to 2% of the total value of SOL. Recent investments into these ETFs have helped push the price of SOL to around $97 – a four-month high – and it’s now aiming to reach $100. However, data from the derivatives market offers an uncertain outlook on how investors currently feel about SOL.

According to CoinGlass, more traders are currently betting against Solana, as shown by a long/short ratio below 1. Despite this bearish sentiment, trading activity for Solana has significantly increased. Derivative trading volume is up 33% to $12.81 billion, with options volume jumping 116% to $37.75 million. Open interest in Solana options has also risen by 22%, reaching $125 million.

Solana and the overall cryptocurrency market are currently facing downward pressure, likely due to the breakdown of peace talks between the U.S. and Iran. Renewed conflict is feared, which typically leads to lower crypto prices. Adding to this, recent data indicates that inflation is increasing, partly as a result of the situation in Iran.

Other Bullish Fundamentals For SOL

Solana (SOL) is looking promising, not only because new investment funds are flowing into Solana ETFs, but also due to key improvements to the network itself. A major upgrade called Alpenglow is currently being tested and is expected to launch on the main Solana network later this year. This is the biggest update to Solana ever, and it’s designed to dramatically increase the network’s speed – potentially making it 100 times faster.

Western Union recently introduced its USDPT stablecoin on the Solana network, helping to increase its use. Plus, the CLARITY Act is moving forward, which could provide clearer rules for SOL once the Senate approves the new crypto legislation. According to crypto researcher Senior, technical indicators suggest a strong buying opportunity for SOL, with a key price target of $95. If SOL can break through $95, it could quickly rise to $100, as shown in his analysis.

As of today, Solana is trading around $90, a decrease of more than 5% over the past 24 hours, based on CoinMarketCap data.

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2026-05-14 22:58