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 (SOL) 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.”

Read also: Bitcoin Price Surges to $116,000 Today — Is the Bullish Flag Pointing to $122,000 Next?

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.

Read also: Dogecoin Price Rises Today as Whale Support Holds — But $0.29 Remains a Struggle

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.

That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

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