☺️ Solana ( $SOL ): Institutions Believe, But the Price Doesn't?
Market capitalization: $65B.
Solana remains one of the most discussed assets of January. Earlier this month, SOL made a solid push from $126 to $146, marking a three-month high.
🟡 But the party didn't last long: after January 14th, a correction began, and now the token is trading around $114-118.
What's really going on❔
🗣Despite the price dip, institutional interest in Solana is impressive. Since the beginning of January, inflows into spot SOL ETFs have reached nearly $93 million — the second-highest figure after Bitcoin.
🗣Meanwhile, other major altcoins are seeing outflows. This selectivity of capital speaks volumes.
🗣On the horizon is the massive Alpenglow upgrade, which promises to reduce transaction finality time from ~12 seconds to 150 milliseconds. This could be a game-changer for DeFi and high-frequency trading on Solana.
🗣Also expected in the first half of 2026 is the launch of Western Union's payment platform built on Solana - a serious bid for integration with traditional finance.
Trade Guidelines:📈📉
📈 Consolidation above $118 - opens the path to $128. 📉 Drop below $112 - risk of decline to $109.
Conclusion: Fundamentally, Solana looks strong, but the market remains cautious. Watch the $113 level as key support.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
☺️ Solana ( $SOL ): Institutions Believe, But the Price Doesn't?
Market capitalization: $65B.
Solana remains one of the most discussed assets of January. Earlier this month, SOL made a solid push from $126 to $146, marking a three-month high.
🟡 But the party didn't last long: after January 14th, a correction began, and now the token is trading around $114-118.
What's really going on❔
🗣Despite the price dip, institutional interest in Solana is impressive. Since the beginning of January, inflows into spot SOL ETFs have reached nearly $93 million — the second-highest figure after Bitcoin.
🗣Meanwhile, other major altcoins are seeing outflows. This selectivity of capital speaks volumes.
🗣On the horizon is the massive Alpenglow upgrade, which promises to reduce transaction finality time from ~12 seconds to 150 milliseconds. This could be a game-changer for DeFi and high-frequency trading on Solana.
🗣Also expected in the first half of 2026 is the launch of Western Union's payment platform built on Solana - a serious bid for integration with traditional finance.
Trade Guidelines:📈📉
📈 Consolidation above $118 - opens the path to $128.
📉 Drop below $112 - risk of decline to $109.
Conclusion:
Fundamentally, Solana looks strong, but the market remains cautious. Watch the $113 level as key support.
📈 Open trade with $SOL 🔗 Chat • X • JioCoinsX