A wave of fresh capital has lifted assets under management for Solana-linked products to unprecedented levels, sparking predictions of a powerful rally.
Forward Industries stunned the market by disclosing it had accumulated 6.82 million SOL at an average of $232 per coin. The $1.6 billion position now makes the firm the single largest publicly declared treasury holder of the cryptocurrency. Analysts say the move signals growing trust in Solana’s long-term value among corporations.
The buying spree has spilled over into financial products tied to Solana. Exchange-traded funds and products dedicated to the token drew $145 million in one day—an all-time high. Over the past week, flows totaled nearly $200 million, extending a remarkable 14-week streak of uninterrupted growth. Assets managed by these products now stand at $4.1 billion.
According to figures from Strategic SOL Reserve, at least 17 companies currently hold Solana on their balance sheets, together owning 17.1 million SOL valued at more than $4 billion. Forward Industries tops the list, followed by Sharps Technology and Defi Dev Corp, with Upexi Inc. and Galaxy Digital rounding out the top five. Some firms are even turning to indirect exposure, such as SOL Strategies, which recently began trading on Nasdaq to fund future purchases.
Crypto investor Ted Pillows believes the influx of institutional money could push Solana toward the $1,000 mark in this cycle, citing what he described as “massive on-chain activity.” Meanwhile, analyst Ali Martinez points to a technical breakout from an ascending triangle, forecasting $360 as a nearer-term target. While their numbers differ, both see clear momentum behind Solana’s climb.
Between record-breaking inflows, surging corporate reserves, and bullish projections, Solana has firmly reestablished itself as one of the most watched tokens on the market. If current trends continue, the network could solidify its role as a cornerstone of institutional crypto exposure—making predictions of triple-digit gains seem less far-fetched than ever.
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