Solana AUM Hits $4.1B as Institutional Buying Sparks $1,000 Price Forecast

Sean Williams
Stake Solana

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  • Solana AUM surged to $4.1B amid record ETF inflows.
  • Forward Industries became the largest SOL treasury holder at $1.6B.
  • Analysts see upside potential, with targets ranging from $360 to $1,000.

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Solana is drawing unprecedented institutional interest, sparking bold predictions about its future. This week, crypto investor Ted Pillows highlighted what he called “massive on-chain activity,” noting that over $1.5 billion worth of SOL changed hands within days. Pillows believes this momentum could drive Solana’s price toward $1,000 in the current market cycle — an ambitious target that underscores rising confidence in the network.

Forward Industries Becomes Largest SOL Holder

The bullish mood followed news that Forward Industries acquired 6.82 million SOL at an average price of $232, totaling nearly $1.6 billion. This makes it the largest publicly declared treasury holder of Solana. Other companies have also built significant positions: Sharps Technology holds about $503 million worth of SOL, while Defi Dev Corp recently boosted its stake to $476 million. Upexi Inc. and Galaxy Digital round out the top five holders with $470 million and $317 million, respectively.

AUM Hits Record Highs as ETFs Surge

Institutional demand has also flowed into Solana-based investment products. ETFs and ETPs linked to SOL saw record daily inflows of $145 million on Friday and $198 million over the week — marking their 14th consecutive week of growth. This pushed total assets under management tied to Solana products to $4.1 billion, signaling growing confidence from traditional investors.

Also Read: Solana (SOL) Reserves Plunge $72M as $300 Breakout Nears

Analysts See Room for More Growth

At least 17 companies now hold over 17.1 million SOL in combined treasury reserves, worth just above $4 billion — nearly 3% of Solana’s circulating supply. Crypto analyst Ali Martinez recently noted that Solana has broken out of an ascending triangle pattern, setting a medium-term price target of $360. While more conservative than Pillows’ $1,000 forecast, it reinforces a shared belief that Solana is entering a strong growth phase.

With record institutional inflows, growing treasury holdings, and bullish technical signals, Solana appears poised for further gains. Whether it reaches the ambitious $1,000 mark or not, the surge in institutional interest suggests its role in the crypto market is rapidly expanding.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

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