Solana Breaks Losing Streak as Institutional Money Floods In

After months of decline, Solana's SOL token has finally broken its 10-month losing streak, thanks in part to institutional money pouring into the market. The token traded near $106 on Sunday afternoon after touching $110.38 on Aug. 27, its highest level since late January. With a 46% increase this month and an 80% climb from its June low, Solana's market valuation has pushed back toward the $61 billion zone.

The influx of institutional money is clear in the numbers: U.S. spot Solana exchange-traded funds (ETFs) have collected roughly $1.34 billion in cumulative net inflows since launching in October 2025. Bitwise's BSOL Solana fund, a staking ETF, has also cleared $1 billion in assets under management.

Another major distribution channel is coming: Charles Schwab announced plans to add spot SOL, Avalanche (AVAX), and Chainlink (LINK) to its crypto platform in the coming months. The company oversees more than $12 trillion in client assets across roughly 39 million brokerage accounts.