Solana Poised for Major Rally, Says Crypto Analyst, as SOL AUM Reaches Record $4.1 Billion

Jakarta, Pintu News – A leading crypto investor set an ambitious price target for Solana due to increased interest from institutions. This support has pushed Solana’s assets under management (AUM) value to a new high.

Optimistic investors, Solana’s AUM hits record highs

Crypto investor Ted Pillows caught the public’s attention this week after mentioning “massive on-chain activity.”

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He highlighted SOL’s purchase of over $1.5 billion in just a few days. He also foresees a potential price rally that could push Solana to $1,000 in the current market cycle.

This statement comes after Forward Industries announced that it had purchased 6.82 million SOL at an average price of $232 per token. These purchases totaled nearly $1.6 billion, making it the largest SOL holder among public entities that have publicly declared their holdings.

Large institutional fund inflows are driving new milestones for Solana-related investment products. On Friday, Solana-based ETFs and ETPs recorded daily inflows of $145 million – the highest figure ever recorded. Throughout the week, these inflows reached $198 million, marking 14 consecutive weeks of growth.

As a result, the total assets under management (AUM) related to the product jumped to $4.1 billion. This demonstrates Solana’s improved position among digital assets. Analysts believe that this inflow trend reflects increased confidence from traditional investors and has the potential to be the foundation of long-term growth.

Solana’s Treasury Holdings Exceed $4 Billion

According to data from the Strategic SOL Reserve, at least 17 companies now hold a total of 17.1 million SOL in their treasury reserves. The overall value of these holdings slightly exceeds $4 billion, which equates to almost 3% of the total SOL supply in circulation.

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Forward Industries is the leader with $1.6 billion worth of holdings, followed by Sharps Technology with $503 million. Interestingly, Defi Dev Corp recently added to its holdings by purchasing 196,141 SOL at an average price of $202.76 per token. With this addition, the company is now in third place, with total holdings of around $476 million.

Upexi Inc. and Galaxy Digital round out the top five, with holdings worth $470 million and $317 million, respectively.

Some other companies are also expanding their exposure to Solana indirectly. SOL Strategies, for example, began trading on Nasdaq earlier this month to raise funds to add to its asset reserves.

Adding to the upbeat sentiment from Ted Pillows, crypto analyst Ali Martinez noted that Solana has successfully broken out of an ascending triangle pattern. He also projected a medium-term price target of $360.

While this is still far from the ambitious $1,000 target mentioned by Pillows, the projection reflects growing confidence in the direction of Solana’s price movement.

With fundamentals getting stronger, Solana is now positioned for further growth, with various technical indicators pointing to a potential sustained rally towards new highs.

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Reference:

• Coingape. Top Investor Forecasts Major Rally for Solana as AUM Climbs to Record $4.1B. Accessed on September 17, 2025