Cryptocurrency Solana News

Solana Challenges Bitcoin with 3 Million SOL in Institutional Staking

Photorealistic Solana logo with network nodes, fading institutional silhouettes, and streaming SOL tokens.

Financial institutions are betting aggressively on the ecosystem, driving a highly optimistic Solana price prediction looking ahead to the year 2026. According to analysis presented by content writer Harvey Hunter, massive staking and constant inflows into exchange-traded funds (ETFs) are redefining the asset’s future. This trend suggests a structural shift in how traditional capital perceives and utilizes high-speed networks

The staking service known as Marinade has been the main beneficiary of this adoption wave, tripling its Total Value Locked (TVL) during the month of November. The platform recorded an impressive increase to 436 million dollars, catalyzed by the injection of 3.1 million SOL destined for institutional products. This exponential growth consolidates the platform as the preferred backend for regulated investment vehicles seeking native yields.

On the other hand, spot Solana ETFs demonstrated notable resilience, maintaining a streak of net inflows for 22 consecutive days, even in a difficult month for the sector. While other financial products suffered capital outflows, traditional financial markets (TradFi) opted to buy the dip on SOL. This strategic accumulation indicates long-term confidence that surpasses the momentary volatility of the cryptocurrency market.

The opening of new access routes for high-profile clients is a determining factor in this renewed interest. The recent unlocking of access for the 50 million clients of Vanguard, the world’s second-largest asset manager, represents a turning point. The underlying blockchain technology offers transactional efficiency that is attractive for diversifying massive institutional portfolios.

Could Solana reach 1,000 dollars in the next bull cycle?

From a technical perspective, the Solana daily chart is forming a double-bottom pattern over the firm support of 120 dollars. If buyers manage to regain control and overcome the critical level of 145 dollars, a bullish reversal structure would be validated. This movement is essential for the initial target of 210 dollars to be met and to confirm the end of the two-month correction.

Likewise, momentum indicators such as the Relative Strength Index (RSI) are testing the neutral 50 line after weeks in oversold territory. The MACD has also built a solid lead over the signal line, suggesting the start of a new upward trend. A successful breakout of the year-long descending triangle resistance could project gains of 260% towards 500 dollars.

However, for the most bullish scenario to materialize, a favorable macroeconomic environment including the easing of U.S. interest rates will be necessary. With greater institutional participation and looser monetary conditions, the technical setup could extend toward a much larger move. Analysts project a potential rally of 630%, which would take the asset’s price toward the psychological mark of 1,000 dollars.

Despite this positive outlook, Solana faces competition from new projects like Bitcoin Hyper, which seek to solve the growth limitations of the Bitcoin ecosystem. Nevertheless, Solana’s current position as the favored accumulation strategy over the leading cryptocurrency places it in a privileged spot. Investors must monitor the asset’s ability to maintain its key support levels as the institutional narrative develops towards 2026.

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