Solana's Institutional Surge Sends SOL Above $100

Solana's SOL token broke its 10-month losing streak in August, climbing 46% to snap a brutal monthly decline. Institutional money, tighter future token supply, and record network activity fueled the surge, pushing SOL above $100 per coin.

The move marked Solana's strongest month since 2024, but it still remains far below its January 2025 all-time high of nearly $293. To reach that level again, SOL would need to climb another 63.5% from here.

Regulated investment products have supplied a visible bid for SOL, with U.S. spot exchange-traded funds (ETFs) collecting roughly $1.34 billion in cumulative net inflows since launching in October 2025. Charles Schwab plans to add SOL to its platform serving over 39 million accounts.

Corporate buyers are also stepping in, with Defi Development Corp. purchasing 19,000 SOL at an average price of $98.14 and Goldman Sachs disclosing roughly $88 million in Solana ETF exposure in its latest regulatory filing.