Solana Attracts $245 Million as Altcoin Bulls Eye Fresh Rally

Key Points

1. Solana recorded $245 million in institutional inflows this year, up from $39.1 million, bringing cumulative holdings to $1.8 billion.

2. Staked SOL ETF inflows surpassed $175 million, boosting institutional confidence, while spot SOL ETFs are gaining momentum.

3. Polymarket odds for SEC approval of a spot SOL ETF are above 90%, reflecting positive market sentiment.

4. Solana's DeFi activity has surged in the last three months, contributing to a bullish price outlook.

5. Analysts suggest SOL could reach $260 if it consolidates above $200, with $175–$180 as a potential retest zone.